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First Bancorp (First Bancorp) Dividend Yield % : 2.79% (As of Apr. 27, 2024)


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What is First Bancorp Dividend Yield %?

As of today (2024-04-27), the Trailing Annual Dividend Yield of First Bancorp is 2.79%.

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

FBNC' s Dividend Yield % Range Over the Past 10 Years
Min: 0.8   Med: 1.8   Max: 3.31
Current: 2.79

During the past 13 years, the highest Dividend Yield of First Bancorp was 3.31%. The lowest was 0.80%. And the median was 1.80%.

FBNC's Dividend Yield % is ranked worse than
73.11% of 1205 companies
in the Banks industry
Industry Median: 3.99 vs FBNC: 2.79

First Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.31.

During the past 13 years, the highest Dividend Payout Ratio of First Bancorp was 0.32. The lowest was 0.13. And the median was 0.19.

As of today (2024-04-27), the Forward Dividend Yield % of First Bancorp is 2.79%.

First Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.22.

During the past 3 years, the average Dividends Per Share Growth Rate was 6.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Bancorp was 42.20% per year. The lowest was -25.00% per year. And the median was 9.30% 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 Yield % Historical Data

The historical data trend for First Bancorp's Dividend Yield % 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 Yield % Chart

First Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 2.13 1.75 2.03 2.38

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 Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.48 2.96 3.13 2.38 2.44

Competitive Comparison of First Bancorp's Dividend Yield %

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

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

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



First Bancorp 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 0.2202024-03-272024-03-312024-04-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-12-282023-12-312024-01-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-09-282023-09-302023-10-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-06-292023-06-302023-07-25Cash 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.88/31.52
=2.79 %

Current Share Price is $31.52.
First Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.88.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.88/31.52
=2.79 %

Current Share Price is $31.52.
First Bancorp's Dividends per Share for the forward twelve months is calculated as $0.22 * 4 = $0.88.

* 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:FBNC) 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 Dividend Yield % Related Terms

Thank you for viewing the detailed overview of First Bancorp's 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
300 SW Broad Street, Southern Pines, NC, USA, 28387
First Bancorp is a bank holding company. The company is engaged in providing banking services such as acceptance of deposits and lending funds to customers for various purposes. It provides checking, savings, and money market accounts, time deposits, including various types of certificates of deposits (CDs) and individual retirement accounts (IRAs). The company also provides loans for various purposes of consumer and commercial purposes, including loans for business, agriculture, real estate, personal uses, home improvement and automobiles. Also, it offers credit cards, debit cards, letters of credit and electronic funds transfer services.
Executives
J Randolph Potter director 381 HALTON RD., GREENVILLE SC 29607
Elizabeth B Bostian officer: Chief Financial Officer 2108 CARLISLE ROAD, GREENSBORO NC 27401
Richard H Moore director 1917 LEWIS CIRCLE, RALEIGH NC 27608
Mclamb Carlie C Jr director C/O NEW CENTURY BANK 700 W CUMBERLAND ST, DUNN NC 28334
Michael Goodwin Mayer officer: President 300 SW BROAD STREET, SOUTHERN PINES NC 28387
Mary Clara Capel director P.O. BOX 826, TROY NC 27371
Mason Y Garrett director 381 HALTON ROAD, GREENVILLE SC 29606
Dexter V Perry director 111 LYNDENBURY DRIVE, APEX NC 27502
John W Mccauley director
Gregory A Currie officer: Chief Banking Officer 204 ELMWOOD DR., GREENSBORO NC 27408
Suzanne S Deferie director, officer: Regional President 11 CHURCH STREET, ASHEVILLE NC 28801
Crawford James C Iii director
Frederick Leslie Taylor director 1207 CEDAR CREEK ROAD, BISCOE NC 27209
Virginia C Thomasson director
Thomas F Phillips director