First Bancorp (First Bancorp) 5-Year Yield-on-Cost % : 9.18 (As of Apr. 27, 2024)

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What is First Bancorp 5-Year Yield-on-Cost %?

First Bancorp's yield on cost for the quarter that ended in Dec. 2023 was 9.18.

The historical rank and industry rank for First Bancorp's 5-Year Yield-on-Cost % or its related term are showing as below:

FNLC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.02 Med: 6.5 Max: 11.85
Current: 9.18

During the past 13 years, First Bancorp's highest Yield on Cost was 11.85. The lowest was 4.02. And the median was 6.50.

FNLC's 5-Year Yield-on-Cost % is ranked better than
83.91% of 1206 companies
in the Banks industry
Industry Median: 5 vs FNLC: 9.18

Competitive Comparison of First Bancorp's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, First Bancorp's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Bancorp's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where First Bancorp's 5-Year Yield-on-Cost % falls into.

First Bancorp 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of First Bancorp is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

First Bancorp (NAS:FNLC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

First Bancorp 5-Year Yield-on-Cost % Related Terms

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First Bancorp (First Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Bancorp Inc (NAS:FNLC) » Definitions » 5-Year Yield-on-Cost %

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