First Commerce Bancorp Dividend
Dividend criteria checks 2/6
First Commerce Bancorp is a dividend paying company with a current yield of 2.83% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
2.8%
Dividend yield
27%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | 22 May 24 |
| Ex dividend date | 07 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.62 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether CMRB's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if CMRB's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| First Commerce Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CMRB) | 2.8% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Banks) | 3.0% |
| Analyst forecast in 3 Years (CMRB) | n/a |
Notable Dividend: CMRB's dividend (2.83%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: CMRB's dividend (2.83%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.4%), CMRB'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.