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First Financial Bancorp (First Financial Bancorp) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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

First Financial Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.23.

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

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Financial Bancorp was 83.30% per year. The lowest was -14.90% per year. And the median was 8.00% per year.

FFBC's 3-Year Dividend Growth Rate is not ranked *
in the Banks industry.
Industry Median: 7.4
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 5 years, the average Dividends Per Share Growth Rate was 2.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.50% 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 Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.37. As of today, First Financial Bancorp's Dividend Yield % is 4.08%.

Warning Sign:

First Financial Bancorp stock dividend yield is close to 1-year low.

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


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

For the Banks - Regional subindustry, First Financial Bancorp'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 Bancorp's 3-Year Dividend Growth Rate Distribution in the Banks Industry

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

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



First Financial Bancorp 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 Bancorp  (NAS:FFBC) 3-Year Dividend Growth Rate Explanation

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

First Financial Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.23/ 0.62
=0.37

During the past 13 years, the highest Dividend Payout Ratio of First Financial Bancorp was 0.56. The lowest was 0.33. And the median was 0.44.

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

First Financial Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2302024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2302023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2302023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2302023-05-312023-06-012023-06-15Cash 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 Financial Bancorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.92/22.57
=4.08 %

Current Share Price is $22.57.
First Financial Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.92.

During the past 13 years, the highest Dividend Yield of First Financial Bancorp was 7.90%. The lowest was 2.09%. And the median was 3.60%.

Warning Sign:

First Financial Bancorp stock dividend yield is close to 1-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 Bancorp 3-Year Dividend Growth Rate Related Terms>


First Financial Bancorp (First Financial Bancorp) Business Description

Traded in Other Exchanges
Address
225 Pictoria Dr., Suite 700, Cincinnati, OH, USA, 45246
First Financial Bancorp is a mid-sized, regional bank holding company. It operates through its wholly-owned subsidiary, First Financial Bank, and provides banking and financial services products through its six lines of business Commercial, Retail Banking, Mortgage Banking, Wealth Management, Investment Commercial Real Estate, and Commercial Finance. First Financial utilizes a community banking business model and serves a combination of metropolitan and non-metropolitan markets through full-service banking centers around Indiana, Ohio, and Kentucky. The primary component of its loan portfolio is commercial real estate loans, followed by commercial and industrial loans. A majority of First Financial's net revenue is net interest income.
Executives
William G Barron director 255 E FIFTH STREET, CINCINNATI OH 45202
Richard S Dennen officer: President, Oak Street Funding 255 E FIFTH STREET, CINCINNATI OH 45202
Andre T Porter director 255 E FIFTH STREET, CINCINNATI OH 45202
Dawn C Morris director 255 E. FIFTH STREET, CINCINNATI OH 45202
Claude E Davis director, officer: President & CEO 255 E FIFTH STREET, CINCINNATI OH 45202
Gary W Warzala director 255 E FIFTH STREET, CINCINNATI OH 45202
Brown Archie M Jr director, officer: Chief Executive Officer 255 E FIFTH STREET, CINCINNATI OH 45202
Vince Berta director 255 E FIFTH STREET, CINCINNATI OH 45202
First Financial Bancorp /oh/ officer: President, Wealth Management 255 EAST FIFTH STREET, SUITE 800, CINCINNATI OH 45202
Maribeth S Rahe director 255 E FIFTH STREET, CINCINNATI OH 45202
Purkrabek Knust Susan L director 255 E FIFTH STREET, CINCINNATI OH 45202
J Wickliffe Ach director 300 HIGH STREET, HAMILTON OH 45011
Thomas Murray Obrien director 255 E FIFTH STREET, CINCINNATI OH 45202
Cynthia O Booth director 255 E. FIFTH STREET, CINCINNATI OH 45202
John T Neighbours director 255 E FIFTH STREET, SUITE 2900, CINCINNATI OH 45202