First Bancorp (First Bancorp) Dividend Payout Ratio : 0.58 (As of Dec. 2023)

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What is First Bancorp Dividend Payout Ratio?

First Bancorp's dividend payout ratio for the months ended in Dec. 2023 was 0.58.

The historical rank and industry rank for First Bancorp's Dividend Payout Ratio or its related term are showing as below:

FNLC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.52 Max: 0.63
Current: 0.42

During the past 13 years, the highest Dividend Payout Ratio of First Bancorp was 0.63. The lowest was 0.29. And the median was 0.52.

FNLC's Dividend Payout Ratio is ranked worse than
61.31% of 1088 companies
in the Banks industry
Industry Median: 0.34 vs FNLC: 0.42

As of today (2024-04-30), the Dividend Yield % of First Bancorp is 6.28%.

During the past 13 years, the highest Trailing Annual Dividend Yield of First Bancorp was 8.03%. The lowest was 2.72%. And the median was 4.40%.

First Bancorp's Dividends per Share for the 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.

First Bancorp Dividend Payout Ratio Historical Data

The historical data trend for First Bancorp's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

First Bancorp Dividend Payout Ratio Chart

First Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.63

0.49

0.29

0.47

0.52

First Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.47	0.52	0.52	0.58	-

Competitive Comparison of First Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, First Bancorp's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Banks Industry

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

* The bar in red indicates where First Bancorp's Dividend Payout Ratio falls into.

First Bancorp Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.39	/	2.66
	=	0.52

First 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 )
	=	0.35	/	0.6
	=	0.58

First Bancorp (NAS:FNLC) Dividend Payout Ratio Explanation

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.

First Bancorp Dividend Payout Ratio Related Terms

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

First Bancorp (First Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Bancorp Inc (NAS:FNLC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

223 Main Street, Damariscotta, ME, USA, 04543

Website

https://www.thefirst.com

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