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FCNCP.PFD (First Citizens BancShares) Forward Dividend Yield % : 5.87% (As of Dec. 14, 2024)


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What is First Citizens BancShares Forward Dividend Yield %?

As of today (2024-12-14), the Forward Annual Dividend Yield of First Citizens BancShares is 5.87%.

As of today (2024-12-14), the Trailing Annual Dividend Yield of First Citizens BancShares is 5.87%.

FCNCP.PFD's Forward Dividend Yield % is ranked worse than
98.28% of 1222 companies
in the Banks industry
Industry Median: 3.78 vs FCNCP.PFD: 5.87

First Citizens BancShares's Dividends per Share for the three months ended in Sep. 2024 was $0.00.

During the past 12 months, First Citizens BancShares's average Dividends Per Share Growth Rate was 118.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Citizens BancShares was 32.60% per year. The lowest was -3.50% per year. And the median was 7.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of First Citizens BancShares's Forward Dividend Yield %

For the Banks - Regional subindustry, First Citizens BancShares's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Citizens BancShares's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Citizens BancShares's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where First Citizens BancShares's Forward Dividend Yield % falls into.



First Citizens BancShares Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

First Citizens BancShares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3359382024-11-292024-11-292024-12-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.3359382024-08-302024-08-302024-09-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.3359382024-05-312024-05-312024-06-17Cash DividendquarterlyUSD:USD 1.000000
USD 0.3359382024-02-282024-02-292024-03-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

First Citizens BancShares's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.343752/22.90
=5.87 %

Current Share Price is $22.90.
First Citizens BancShares's Dividends per Share for the forward twelve months is calculated as $0.335938 * 4 = $1.343752.

First Citizens BancShares's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.343752/22.90
=5.87 %

Current Share Price is $22.90.
First Citizens BancShares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.343752.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Citizens BancShares  (NAS:FCNCP.PFD) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


First Citizens BancShares Forward Dividend Yield % Related Terms

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First Citizens BancShares Business Description

Traded in Other Exchanges
Address
4300 Six Forks Road, Raleigh, NC, USA, 27609
First Citizens BancShares Inc is the bank holding company of First Citizens Bank & Trust Company. FCB was founded as the Bank of Smithfield in North Carolina and has expanded through both de novo branching and acquisitions. FCB currently operates in nearly half of the continental United States, but principally takes deposits in the Carolinas. The bank's operations have historically been influenced by the Holding family, which has traditionally held executive and director positions, as well as controlling a large percentage of its outstanding stock. FCB provides a wide range of retail and commercial banking services, including traditional lending and deposit-taking, as well as trust and wealth management. FCB's main source of revenue is net interest income.