First Bancorp of Indiana, Inc. operates as the bank holding company for First Federal Savings Bank that provides various banking products and services to individuals and business customers. The company accepts various deposits; and offers loans that include commercial one-to-four family mortgage, commercial and multi-family mortgage, secured commercial business, unsecured commercial business, residential one-to-four family mortgage, residential second mortgage, and consumer loans, as well as home equity lines of credit. It is also involved in the management of investment securities portfolios; and provides safe deposit box, check cashing and cashier's check, wire transfer, and brokerage services. The company operates 9 full-service offices in Southwestern Indiana; and 1 loan production office in Henderson, Kentucky. First Bancorp of Indiana, Inc. was founded in 1904 and is based in Evansville, Indiana.
First Bancorp of Indiana Dividend Announcement
• First Bancorp of Indiana announced a quarterly dividend of $0.16 per ordinary share which will be made payable on 2024-06-17. Ex dividend date: 2024-06-07
• First Bancorp of Indiana annual dividend for 2024 was $0.32
• First Bancorp of Indiana annual dividend for 2023 was $0.64
• First Bancorp of Indiana's trailing twelve-month (TTM) dividend yield is 4.96%
• First Bancorp of Indiana's dividend growth over the last five years (2018-2023) was 6.60% year
• First Bancorp of Indiana's dividend growth over the last ten years (2013-2023) was 0.32% year
First Bancorp of Indiana Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | $0.16 | quarterly | 2024-06-17 |
2024-03-07 | $0.16 | quarterly | 2024-03-15 |
2023-11-29 | $0.16 | quarterly | 2023-12-15 |
2023-08-30 | $0.16 | quarterly | 2023-09-15 |
2023-05-30 | $0.16 | quarterly | 2023-06-15 |
2023-02-27 | $0.16 | quarterly | 2023-03-15 |
2022-11-29 | $0.16 | quarterly | 2022-12-15 |
2022-08-30 | $0.16 | quarterly | 2022-09-15 |
2022-05-27 | $0.15 | quarterly | 2022-06-15 |
2022-02-25 | $0.15 | quarterly | 2022-03-15 |
2021-11-29 | $0.15 | quarterly | 2021-12-15 |
2021-08-30 | $0.15 | quarterly | 2021-09-15 |
2021-05-28 | $0.15 | quarterly | 2021-06-15 |
2021-02-26 | $0.15 | quarterly | 2021-03-15 |
2020-11-27 | $0.15 | quarterly | 2020-12-15 |
2020-08-31 | $0.15 | quarterly | 2020-09-15 |
2020-05-29 | $0.15 | quarterly | 2020-06-15 |
2020-02-28 | $0.15 | quarterly | 2020-03-13 |
2019-11-29 | $0.15 | quarterly | 2019-12-13 |
2019-08-30 | $0.15 | quarterly | 2019-09-13 |
2019-05-31 | $0.15 | quarterly | 2019-06-14 |
2019-03-01 | $0.15 | quarterly | 2019-03-15 |
2018-08-30 | $0.15 | quarterly | 2018-09-14 |
2018-05-30 | $0.15 | quarterly | 2018-06-15 |
2018-03-02 | $0.15 | quarterly | 2018-03-15 |
2017-11-29 | $0.15 | quarterly | 2017-12-15 |
2017-08-29 | $0.15 | quarterly | 2017-09-15 |
2017-05-26 | $0.15 | quarterly | 2017-06-15 |
2017-02-24 | $0.15 | quarterly | 2017-03-15 |
2016-11-28 | $0.15 | quarterly | 2016-12-15 |
2016-08-29 | $0.15 | quarterly | 2016-09-15 |
2016-05-26 | $0.15 | quarterly | 2016-06-15 |
2016-02-25 | $0.15 | quarterly | 2016-03-15 |
2015-11-25 | $0.15 | quarterly | 2015-12-14 |
2015-08-28 | $0.15 | quarterly | 2015-09-14 |
2015-05-28 | $0.15 | quarterly | 2015-06-15 |
2015-02-26 | $0.15 | quarterly | 2015-03-13 |
2014-11-26 | $0.15 | quarterly | 2014-12-15 |
2014-08-27 | $0.15 | quarterly | 2014-09-15 |
2014-05-29 | $0.15 | quarterly | 2014-06-13 |
2014-03-04 | $0.15 | quarterly | 2014-03-14 |
2013-11-27 | $0.15 | quarterly | 2013-12-13 |
2013-08-29 | $0.15 | quarterly | 2013-09-13 |
2013-05-30 | $0.15 | quarterly | 2013-06-14 |
2013-02-28 | $0.15 | quarterly | 2013-03-14 |
First Bancorp of Indiana Dividend per year
First Bancorp of Indiana Dividend growth
First Bancorp of Indiana Dividend Yield
First Bancorp of Indiana current trailing twelve-month (TTM) dividend yield is 4.96%. Interested in purchasing First Bancorp of Indiana stock? Use our calculator to estimate your expected dividend yield:
First Bancorp of Indiana Financial Ratios
First Bancorp of Indiana Dividend FAQ
Other factors to consider when evaluating First Bancorp of Indiana as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: First Bancorp of Indiana's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, First Bancorp of Indiana publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, First Bancorp of Indiana distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from First Bancorp of Indiana are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: First Bancorp of Indiana sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, First Bancorp of Indiana distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: First Bancorp of Indiana declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of First Bancorp of Indiana's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review First Bancorp of Indiana's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.