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First Bancorp (First Bancorp) Forward Dividend Yield %

: 6.07% (As of Today)
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As of today (2024-04-19), the Forward Annual Dividend Yield of First Bancorp is 6.07%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of First Bancorp is 6.07%.

FNLC's Forward Dividend Yield % is ranked better than
76.5% of 1166 companies
in the Banks industry
Industry Median: 4.19 vs FNLC: 6.07

First Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.35.

During the past 12 months, First Bancorp's average Dividends Per Share Growth Rate was -16.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Bancorp was 43.80% per year. The lowest was -2.00% per year. And the median was 9.00% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison

For the Banks - Regional subindustry, First Bancorp'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 Bancorp Forward Dividend Yield % Distribution

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

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



First Bancorp Forward Dividend Yield % Calculation

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

First Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3502024-04-082024-04-092024-04-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502024-01-052024-01-082024-01-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502023-10-062023-10-102023-10-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502023-07-072023-07-102023-07-20Cash 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 Bancorp's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.4/23.11
=6.06 %

Current Share Price is $23.11.
First Bancorp's Dividends per Share for the forward twelve months is calculated as $0.35 * 4 = $1.4.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.4/23.11
=6.06 %

Current Share Price is $23.11.
First Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.4.

* 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 Bancorp  (NAS:FNLC) 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 Bancorp Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of First Bancorp's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Bancorp (First Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
223 Main Street, Damariscotta, ME, USA, 04543
First Bancorp Inc is a Damariscotta-based bank holding company providing a range of retail and commercial banking services including deposit accounts and consumer, commercial and mortgage loans. The company provides investment management and private banking services through an operating division of the bank. Its revenues are generally derived from dividends paid to the company by the bank.
Executives
Stuart G Smith director P O BOX 940, DAMARISCOTTA ME 045430940
Robert B Gregory director P O BOX 940, DAMARISCOTTA ME 045430940
Sarah Tolman officer: EVP - CBO PO BOX 940, DAMARISCOTTA ME 04543
Kimberly Swan director PO BOX 940, DAMARISCOTTA ME 04543
Susan A Norton officer: VP - HR and Compliance P O BOX 940, DAMARISCOTTA ME 045430940
Mark N Rosborough director PO BOX 940, DAMARISCOTTA ME 04543
Renee W Kelly director PO BOX 940, DAMARISCOTTA ME 04543
Russell Cornelius J director PO BOX 940, DAMARISCOTTA MD 04543
Jonathan W Nicholson officer: EVP - Chief Lending Officer PO BOX 940, DAMARISCOTTA ME 04543
Tony C Mckim director, officer: President & CEO PO BOX 940, DAMARISCOTTA ME 04543
Peter C Nicholson officer: EVP - Chief Fiduciary Officer PO BOX 940, DAMARISCOTTA ME 04543
Tammy L Plummer officer: EVP - CIO PO BOX 940, DAMARISCOTTA ME 04543
Charles A Wooton officer: Clerk, SVP - Banking Services P O BOX 940, DAMARISCOTTA ME 045430940
Steven Parady officer: Chief Fiduciary Officer PO BOX 940, DAMARISCOTTA ME 04543
Katherine M Boyd director P O BOX 940, DAMARISCOTTA ME 045430940

First Bancorp (First Bancorp) Headlines

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