First BanCorp Dividend
Dividend criteria checks 2/6
First BanCorp is a dividend paying company with a current yield of 3.54% that is well covered by earnings. Next payment date is on 14th June, 2024 with an ex-dividend date of 30th May, 2024.
Key information
3.5%
Dividend yield
33%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | 14 Jun 24 |
Ex dividend date | 30 May 24 |
Dividend per share | n/a |
Earnings per share | US$1.84 |
Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Recent updates
First BanCorp's (NYSE:FBP) Upcoming Dividend Will Be Larger Than Last Year's
Feb 12First BanCorp: Fairly Priced With A Flattish Earnings Outlook
Dec 09First BanCorp: Worthy Of Consideration
Sep 24First BanCorp Leveraged To Sustained Improvement In Puerto Rico's Economy
Feb 10Analyst Estimates: Here's What Brokers Think Of First BanCorp. (NYSE:FBP) After Its Annual Report
Jan 31First BanCorp. Q4 2022 Earnings Preview
Jan 26Do First BanCorp's (NYSE:FBP) Earnings Warrant Your Attention?
Jan 07First BanCorp. Q3 2022 Earnings Preview
Oct 24If EPS Growth Is Important To You, First BanCorp (NYSE:FBP) Presents An Opportunity
Sep 03First BanCorp. goes ex dividend tomorrow
Aug 23First BanCorp: Stock Price Due For A Breather, Earnings Likely To Continue Full Steam Ahead
Aug 13First BanCorp. Q2 2022 Earnings Preview
Jul 21First BanCorp: Revising The Earnings Estimate Upwards Thanks To Better Provisioning Outlook
May 26First BanCorp (NYSE:FBP) Is Increasing Its Dividend To US$0.12
May 02Does First BanCorp (NYSE:FBP) Deserve A Spot On Your Watchlist?
Mar 30First BanCorp: Attractively Valued With A Stable Earnings Outlook
Mar 06First BanCorp: Flattish Earnings Outlook
Nov 27First BanCorp.: Net Provision Reversals To Drive Earnings
Sep 08First BanCorp: Balance Sheet Growth, Subdued Credit Costs To Drive Earnings Recovery
Jun 15Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, FBP has been paying a dividend for less than 10 years.
Growing Dividend: FBP's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
First BanCorp Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (FBP) | 3.5% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.6% |
Industry Average (Banks) | 3.0% |
Analyst forecast in 3 Years (FBP) | 3.5% |
Notable Dividend: FBP's dividend (3.54%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: FBP's dividend (3.54%) is low compared to the top 25% of dividend payers in the US market (4.68%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.9%), FBP's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.