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First Mid Bancshares (First Mid Bancshares) 3-Year Dividend Growth Rate : 4.30% (As of Dec. 2023)


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What is First Mid Bancshares 3-Year Dividend Growth Rate?

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

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

FMBH' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.3   Med: 6.65   Max: 52
Current: 4.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Mid Bancshares was 52.00% per year. The lowest was 0.30% per year. And the median was 6.65% per year.

FMBH's 3-Year Dividend Growth Rate is ranked worse than
65.73% of 779 companies
in the Banks industry
Industry Median: 7.5 vs FMBH: 4.30

During the past 12 months, First Mid Bancshares's average Dividends Per Share Growth Rate was 2.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.40% 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 Mid Bancshares's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.25. As of today, First Mid Bancshares's Dividend Yield % is 2.95%.

Warning Sign:

First Mid Bancshares Inc stock dividend yield is close to 1-year low.

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


Competitive Comparison of First Mid Bancshares's 3-Year Dividend Growth Rate

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

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

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



First Mid Bancshares 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 Mid Bancshares  (NAS:FMBH) 3-Year Dividend Growth Rate Explanation

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

First Mid Bancshares'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/ 0.94
=0.24

During the past 13 years, the highest Dividend Payout Ratio of First Mid Bancshares was 0.33. The lowest was 0.22. And the median was 0.29.

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

First Mid Bancshares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2302024-02-152024-02-162024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2302023-11-222023-11-242023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2302023-08-112023-08-142023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2302023-05-162023-05-172023-06-01Cash 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 Mid Bancshares's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.92/30.925
=2.97 %

Current Share Price is $30.925.
First Mid Bancshares'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 Mid Bancshares was 4.01%. The lowest was 1.14%. And the median was 2.32%.

Warning Sign:

First Mid Bancshares Inc 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 Mid Bancshares 3-Year Dividend Growth Rate Related Terms>


First Mid Bancshares (First Mid Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
1421 Charleston Avenue, Mattoon, IL, USA, 61938
First Mid Bancshares Inc is a United States based financial holding company. Through its wholly-owned subsidiary, First Mid Bank, it is primarily engaged in the business of banking. It also provides data processing services to affiliates and insurance products and services to customers through its subsidiary. The company's operations cover community banking, wealth management and insurance services. Key revenue is derived from the provision of community banking services.
Executives
Todd J James director 400 BROAD ST, BELOITT WI 53511
Clay M Dean officer: SVP-Chief Deposit Services 2816 WESTERN AVE, MATTOON IL 61938
Robert S Cook director 631 S BODIN ST, HINSDALE IL 60521
Laura J Hughes officer: EVP, Chief Marketing & Deposit 1251 DEER CREEK RDG, DUBUQUE IA 52003
Bradley L Beesley officer: Executive VP-Wealth Management 1906 SUNSET AVE, EFFINGHAM IL 62401
James Kyle Mccurry director 302 CAMPUSVIEW DRIVE, SUITE 108, COLUMBIA MO 65201
Gisele A Marcus director 3827 SHAW BOULEVARD, ST. LOUIS MO 63110
Megan E Mcelwee officer: SVP, Chief Credit Officer 18537 E COUNTY ROAD 1280N, CHARLESTON IL 61920
Anya Y Schuetz officer: VP, Director of Project Mgmt 2119 REYNOLDS DRIVE, CHARLESTON IL 61938
Jordan D. Read officer: SVP, Chief Risk Officer 1713 CHANDLER WAY, ST. CHARLES MO 63303
Rhonda G Gatons officer: SVP, Director Human Resources 909 E 625 NORTH ROAD, TOWER HILL IL 62571
Ray A Sparks director 30 S COUNTRY CLUB RD, MATTOON IL 61938
David R. Hiden officer: SVP, Chief Information Officer 1421 CHARLESTON AVE, MATTOON IL 61938
Zachary Horn director 8 SOUTH WASHINGTON STREET, SULLIVAN IL 61951
Mary Westerhold director 6814 GOSHEN ROAD, EDWARDSVILLE IL 62025