First Bank provides various banking products and services to individuals, businesses, and governmental entities. The company accepts various deposits, including non-interest bearing demand deposits, interest bearing demand accounts, money market accounts, savings accounts, and certificates of deposit, as well as commercial checking accounts. Its loan products include commercial and industrial loans; commercial real estate loans, such as owner-occupied, investor, construction and development, and multi-family loans; residential real estate loans comprising residential mortgages, first and second lien home equity loans, and revolving lines of credit; and consumer and other loans that include auto, personal, and traditional installment loans. The company also provides electronic banking services, including Internet and mobile banking, electronic bill payment, and banking by phone, as well as ATM and debit cards, and wire and ACH transfer services; remote deposit capture; and cash management services. As of December 31, 2021, it operated 18 full-service branches in Cinnaminson, Cranbury, Delanco, Denville, Ewing, Flemington, Hamilton, Hamilton, Lawrence, Mercerville, Pennington, Randolph, Somerset, and Williamstown counties in New Jersey, as well as Doylestown, Trevose, Warminster, and West Chester counties in Pennsylvania. First Bank was incorporated in 2007 and is headquartered in Hamilton, New Jersey.
First Bank Dividend Announcement
• First Bank announced a quarterly dividend of $0.06 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-08
• First Bank annual dividend for 2024 was $0.24
• First Bank annual dividend for 2023 was $0.24
• First Bank's trailing twelve-month (TTM) dividend yield is 1.64%
• First Bank's payout ratio for the trailing twelve months (TTM) is 14.99%
• First Bank's dividend growth over the last five years (2018-2023) was 14.87% year
First Bank Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-08 | $0.06 | quarterly | 2024-11-22 |
| 2024-08-09 | $0.06 | quarterly | 2024-08-23 |
| 2024-05-09 | $0.06 | quarterly | 2024-05-24 |
| 2024-02-08 | $0.06 | quarterly | 2024-02-23 |
| 2023-11-09 | $0.06 | quarterly | 2023-11-24 |
| 2023-08-10 | $0.06 | quarterly | 2023-08-25 |
| 2023-05-11 | $0.06 | quarterly | 2023-05-26 |
| 2023-02-09 | $0.06 | quarterly | 2023-02-24 |
| 2022-11-09 | $0.06 | quarterly | 2022-11-25 |
| 2022-08-11 | $0.06 | quarterly | 2022-08-26 |
| 2022-05-12 | $0.06 | quarterly | 2022-05-27 |
| 2022-02-10 | $0.06 | quarterly | 2022-02-25 |
| 2021-11-04 | $0.06 | quarterly | 2021-11-19 |
| 2021-08-05 | $0.03 | quarterly | 2021-08-20 |
| 2021-05-06 | $0.03 | quarterly | 2021-05-21 |
| 2021-02-11 | $0.03 | quarterly | 2021-02-26 |
| 2020-11-05 | $0.03 | quarterly | 2020-11-20 |
| 2020-08-06 | $0.03 | quarterly | 2020-08-21 |
| 2020-05-07 | $0.03 | quarterly | 2020-05-22 |
| 2020-02-13 | $0.03 | quarterly | 2020-02-28 |
| 2019-11-07 | $0.03 | quarterly | 2019-11-22 |
| 2019-08-08 | $0.03 | quarterly | 2019-08-23 |
| 2019-05-09 | $0.03 | quarterly | 2019-05-24 |
| 2019-02-07 | $0.03 | quarterly | 2019-02-22 |
| 2018-11-08 | $0.03 | quarterly | 2018-11-23 |
| 2018-08-09 | $0.03 | quarterly | 2018-08-24 |
| 2018-05-10 | $0.03 | quarterly | 2018-05-25 |
| 2018-02-08 | $0.03 | quarterly | 2018-02-23 |
| 2017-11-09 | $0.02 | quarterly | 2017-11-24 |
| 2017-08-08 | $0.02 | quarterly | 2017-08-24 |
| 2017-05-08 | $0.02 | quarterly | 2017-05-30 |
| 2017-02-08 | $0.02 | quarterly | 2017-02-28 |
First Bank Dividend per year
First Bank Dividend growth
First Bank Dividend Yield
First Bank current trailing twelve-month (TTM) dividend yield is 1.64%. Interested in purchasing First Bank stock? Use our calculator to estimate your expected dividend yield:
First Bank Financial Ratios
P/E ratio9.17
PEG ratio-0.27
P/B ratio0.92
ROE10.37%
Payout ratio14.99%
Current ratio0.63
Quick ratio0.63
Cash Ratio0.27
First Bank Dividend FAQ
How much is the next First Bank dividend?
First Bank's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next First Bank dividend. The next First Bank dividend will be released in February, May, August, or November.
When is First Bank dividend paid?
First Bank pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does First Bank pay?
The specific amount of First Bank dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find First Bank's dividend history.
Does First Bank stock pay dividends?
Yes, First Bank does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find First Bank's dividend history.
How much dividend does First Bank pay?
First Bank paid $0.24 in 2024, $0.24 in 2023, $0.24 in 2022, $0.15 in 2021, and $0.12 in 2020.
How often does First Bank pay dividends?
First Bank typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is First Bank's dividend yield?
The current dividend yield for First Bank is 1.64%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate First Bank's exact dividend yield.
When does First Bank go ex dividend?
First Bank's ex-dividend date for the latest dividend was on 2024-11-08. First Bank typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next First Bank dividend paid?
First Bank pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will First Bank increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether First Bank will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is First Bank dividend per share?
First Bank paid $0.24 per share in 2024 and $0.24 per share in 2023. The amount of dividend per share that First Bank pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is First Bank a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is First Bank a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is First Bank a dividend stock?
Yes, First Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is First Bank a good dividend stock?
Whether First Bank is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. First Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating First Bank 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.
Other factors to consider when evaluating First Bank 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.
Does First Bank pay dividends monthly?
First Bank typically pays dividends on a quarterly basis.
Does First Bank pay dividends quarterly?
First Bank currently pays dividends on a quarterly basis.
Has First Bank ever paid a dividend?
Yes, First Bank has a history of paying dividends to its shareholders. First Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy First Bank dividend stocks?
To buy First Bank you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy First Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy First Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does First Bank pay dividends 2024?
First Bank pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-22. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will First Bank increase its dividend in 2024?
Decisions regarding First Bank dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date First Bank dividend overview you can look into the above table of dividend history.
How First Bank dividend works?
The First Bank dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how First Bank's dividend process works:
1. Determination of Dividend: First Bank'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 Bank 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 Bank 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 Bank 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. Determination of Dividend: First Bank'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 Bank 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 Bank 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 Bank 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.
How are First Bank dividends paid?
First Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: First Bank 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 Bank 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 Bank 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.
1. Record Date: First Bank 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 Bank 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 Bank 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.
How many times does First Bank pay dividends?
First Bank typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does First Bank pay dividends?
The general pattern is that First Bank pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is First Bank dividend safe?
The safety of First Bank's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of First Bank'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 Bank'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.
To assess the safety of First Bank'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 Bank'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.