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FFIN (First Financial Bankshares) 3-Year Dividend Growth Rate : 11.70% (As of Sep. 2024)


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What is First Financial Bankshares 3-Year Dividend Growth Rate?

First Financial Bankshares's Dividends per Share for the three months ended in Sep. 2024 was $0.18.

The historical rank and industry rank for First Financial Bankshares's 3-Year Dividend Growth Rate or its related term are showing as below:

FFIN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2.1   Med: 10.85   Max: 21.3
Current: 11.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Financial Bankshares was 21.30% per year. The lowest was 2.10% per year. And the median was 10.85% per year.

FFIN's 3-Year Dividend Growth Rate is ranked better than
62.07% of 791 companies
in the Banks industry
Industry Median: 8 vs FFIN: 11.70

During the past 12 months, First Financial Bankshares's average Dividends Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

First Financial Bankshares's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.46. As of today, First Financial Bankshares's Dividend Yield % is 1.78%.

Warning Sign:

First Financial Bankshares Inc stock dividend yield is close to 2-year low.

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


Competitive Comparison of First Financial Bankshares's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, First Financial Bankshares's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 Financial Bankshares's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Financial Bankshares's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where First Financial Bankshares's 3-Year Dividend Growth Rate falls into.



First Financial Bankshares 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


First Financial Bankshares  (NAS:FFIN) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

First Financial Bankshares's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.18/ 0.389
=0.46

During the past 13 years, the highest Dividend Payout Ratio of First Financial Bankshares was 0.51. The lowest was 0.36. And the median was 0.40.

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

First Financial Bankshares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1800002024-12-132024-12-132025-01-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.1800002024-09-122024-09-122024-10-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1800002024-06-142024-06-142024-07-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1800002024-03-142024-03-152024-04-01Cash 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 Financial Bankshares's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.72/40.47
=1.78 %

Current Share Price is $40.47.
First Financial Bankshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.72.

During the past 13 years, the highest Dividend Yield of First Financial Bankshares was 3.03%. The lowest was 1.00%. And the median was 1.67%.

Warning Sign:

First Financial Bankshares Inc stock dividend yield is close to 2-year low.

* 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 Financial Bankshares 3-Year Dividend Growth Rate Related Terms>


First Financial Bankshares Business Description

Traded in Other Exchanges
N/A
Address
400 Pine Street, Abilene, TX, USA, 79601
First Financial Bankshares Inc is a financial and bank holding company. The company operates one line of business (community banking) located in a single geographic area (Texas). The company conducts a full-service commercial banking business through its subsidiaries. The loan portfolio segments of the company include Commercial and Industrial, Municipal, Agricultural, Construction and Development, Farm, Non-Owner Occupied and Owner Occupied Commercial Real Estate, Residential, Consumer Auto and Consumer Non-Auto.
Executives
Murray Hamilton Edwards director 5423 FM 3217, CLYDE TX 79510
Michael B. Denny director 1202 ELMWOOD DRIVE, ABILENE TX 79605
Johnny Trotter director 400 PINE STREET, C/O FIRST FINANCIAL BANKSHARES, ABILENE TX 79601
Michelle S Hickox officer: EVP/CFO 1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
Nickles Robert Clark Jr director 24503 OLD WINDMILL TRAIL, HOCKLEY TX 77447
Anthony April Kaye Bullock director 3606 PRINCETON AVENUE, DALLAS TX 75205
F Scott Dueser director 400 PINE ST, ABILENE TX 79601
Kade Matthews director 400 PINE STREET, C/O FIRST FINANCIAL BANKSHARES, ABILENE TX 79601
Eli Jones director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
David William Bailey officer: EVP, Commercial Banking P.O. BOX 1581, EASTLAND TX 76448
David L Copeland director PO BOX 2791, ABILENE TX 79604
Tucker S Bridwell director 400 PINE STE 1000, ABILENE TX 79601
James R Gordon officer: EVP-CFO 104 SOUTH MAIN STREET, GREENVILLE SC 29601
Vianei Lopez Braun director 801 CHERRY STREET, SUITE 2000, FT WORTH TX 76102
Ronald N Giddiens director 5808 PECAN VALLEY, SAN ANGELO TX 76904-9531