First BanCorp.

NYSE:FBP Stock Report

Market Cap: US$3.3b

First BanCorp Dividends and Buybacks

Dividend criteria checks 3/6

First BanCorp is a dividend paying company with a current yield of 3.09% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 29th November, 2024.

Key information

3.1%

Dividend yield

5.3%

Buyback Yield

Total Shareholder Yield8.4%
Future Dividend Yield3.2%
Dividend Growth12.7%
Next dividend pay date13 Dec 24
Ex dividend date29 Nov 24
Dividend per shareUS$0.640
Payout ratio34%

Recent dividend and buyback updates

First BanCorp's (NYSE:FBP) Upcoming Dividend Will Be Larger Than Last Year's

Feb 12
First BanCorp's (NYSE:FBP) Upcoming Dividend Will Be Larger Than Last Year's

Recent updates

Here's Why First BanCorp (NYSE:FBP) Has Caught The Eye Of Investors

Oct 23
Here's Why First BanCorp (NYSE:FBP) Has Caught The Eye Of Investors

First BanCorp.: Raising The Earnings Estimate And Upgrading To Buy

Sep 13

Should You Be Adding First BanCorp (NYSE:FBP) To Your Watchlist Today?

Jul 24
Should You Be Adding First BanCorp (NYSE:FBP) To Your Watchlist Today?

First BanCorp: A Call Option On Puerto Rico

Jun 19

First BanCorp's (NYSE:FBP) Upcoming Dividend Will Be Larger Than Last Year's

Feb 12
First BanCorp's (NYSE:FBP) Upcoming Dividend Will Be Larger Than Last Year's

First BanCorp: Fairly Priced With A Flattish Earnings Outlook

Dec 09

First BanCorp: Worthy Of Consideration

Sep 24

First BanCorp Leveraged To Sustained Improvement In Puerto Rico's Economy

Feb 10

Analyst Estimates: Here's What Brokers Think Of First BanCorp. (NYSE:FBP) After Its Annual Report

Jan 31
Analyst Estimates: Here's What Brokers Think Of First BanCorp. (NYSE:FBP) After Its Annual Report

First BanCorp. Q4 2022 Earnings Preview

Jan 26

Do First BanCorp's (NYSE:FBP) Earnings Warrant Your Attention?

Jan 07
Do First BanCorp's (NYSE:FBP) Earnings Warrant Your Attention?

First BanCorp. Q3 2022 Earnings Preview

Oct 24

If EPS Growth Is Important To You, First BanCorp (NYSE:FBP) Presents An Opportunity

Sep 03
If EPS Growth Is Important To You, First BanCorp (NYSE:FBP) Presents An Opportunity

First BanCorp. goes ex dividend tomorrow

Aug 23

First BanCorp: Stock Price Due For A Breather, Earnings Likely To Continue Full Steam Ahead

Aug 13

First BanCorp. Q2 2022 Earnings Preview

Jul 21

First BanCorp: Revising The Earnings Estimate Upwards Thanks To Better Provisioning Outlook

May 26

First BanCorp (NYSE:FBP) Is Increasing Its Dividend To US$0.12

May 02
First BanCorp (NYSE:FBP) Is Increasing Its Dividend To US$0.12

Upcoming Dividend Payment

TodayNov 21 2024Ex Dividend DateNov 29 2024Dividend Pay DateDec 13 202414 days from Ex DividendBuy in the next 7 days to receive the upcoming dividend

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 6 years.

Dividend Yield vs Market

First BanCorp Dividend Yield vs Market
How does FBP dividend yield compare to the market?
SegmentDividend Yield
Company (FBP)3.1%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Banks)2.6%
Analyst forecast (FBP) (up to 3 years)3.2%

Notable Dividend: FBP's dividend (3.09%) is higher than the bottom 25% of dividend payers in the US market (1.4%).

High Dividend: FBP's dividend (3.09%) is low compared to the top 25% of dividend payers in the US market (4.32%).

Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (34.1%), FBP's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: FBP's dividends in 3 years are forecast to be well covered by earnings (33% payout ratio).

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