First Commonwealth Financial Corporation, a financial holding company, provides various consumer and commercial banking services in the United States. Its consumer services include personal checking accounts, interest-earning checking accounts, savings and health savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, mortgage loans, secured and unsecured installment loans, construction and real estate loans, safe deposit facilities, credit cards, credit lines with overdraft checking protection, IRA accounts, and automated teller machine (atm) services, as well as internet, mobile, and telephone banking services. The company's commercial banking services comprise commercial lending, business checking accounts, online account management services, payroll direct deposits, commercial cash management services, and repurchase agreements, as well as ACH origination services. It also offers various trust and asset management services; auto, home, and business insurance, as well as term life insurance; and annuities, mutual funds, and stock and bond brokerage services through a broker-dealer and insurance brokers. As of December 31, 2021, the company operated 118 community banking offices in western and central Pennsylvania, as well as northeastern, central, and southwestern Ohio; corporate banking centers in Pittsburgh, Pennsylvania, as well as Columbus, Canton, and Cleveland, Ohio; and mortgage banking offices in Wexford, Pennsylvania, and Hudson, Westlake, as well as Lewis Center, Ohio. It also operates 136 automated teller machines. First Commonwealth Financial Corporation was founded in 1934 and is headquartered in Indiana, Pennsylvania.
First Commonwealth Financial Dividend Announcement
• First Commonwealth Financial announced a quarterly dividend of $0.13 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-08
• First Commonwealth Financial annual dividend for 2024 was $0.52
• First Commonwealth Financial annual dividend for 2023 was $0.49
• First Commonwealth Financial's trailing twelve-month (TTM) dividend yield is 2.37%
• First Commonwealth Financial's payout ratio for the trailing twelve months (TTM) is 34.07%
• First Commonwealth Financial's dividend growth over the last five years (2018-2023) was 7.18% year
• First Commonwealth Financial's dividend growth over the last ten years (2013-2023) was 7.97% year
First Commonwealth Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.13 | quarterly | 2024-11-22 |
2024-08-02 | $0.13 | quarterly | 2024-08-16 |
2024-05-02 | $0.13 | quarterly | 2024-05-17 |
2024-02-08 | $0.12 | quarterly | 2024-02-23 |
2023-11-02 | $0.12 | quarterly | 2023-11-17 |
2023-08-03 | $0.12 | quarterly | 2023-08-18 |
2023-05-04 | $0.12 | quarterly | 2023-05-19 |
2023-02-02 | $0.12 | quarterly | 2023-02-17 |
2022-11-03 | $0.12 | quarterly | 2022-11-18 |
2022-08-04 | $0.12 | quarterly | 2022-08-19 |
2022-05-05 | $0.12 | quarterly | 2022-05-20 |
2022-02-03 | $0.12 | quarterly | 2022-02-18 |
2021-11-04 | $0.12 | quarterly | 2021-11-19 |
2021-08-05 | $0.12 | quarterly | 2021-08-20 |
2021-05-06 | $0.12 | quarterly | 2021-05-21 |
2021-02-04 | $0.11 | quarterly | 2021-02-19 |
2020-11-05 | $0.11 | quarterly | 2020-11-20 |
2020-08-06 | $0.11 | quarterly | 2020-08-21 |
2020-05-07 | $0.11 | quarterly | 2020-05-22 |
2020-02-06 | $0.11 | quarterly | 2020-02-21 |
2019-11-07 | $0.10 | quarterly | 2019-11-22 |
2019-08-01 | $0.10 | quarterly | 2019-08-16 |
2019-05-02 | $0.10 | quarterly | 2019-05-17 |
2019-02-07 | $0.10 | quarterly | 2019-02-22 |
2018-11-01 | $0.09 | quarterly | 2018-11-16 |
2018-08-02 | $0.09 | quarterly | 2018-08-17 |
2018-05-03 | $0.09 | quarterly | 2018-05-18 |
2018-02-01 | $0.08 | quarterly | 2018-02-16 |
2017-11-03 | $0.08 | quarterly | 2017-11-17 |
2017-08-03 | $0.08 | quarterly | 2017-08-18 |
2017-05-03 | $0.08 | quarterly | 2017-05-19 |
2017-02-02 | $0.08 | quarterly | 2017-02-17 |
2016-11-03 | $0.07 | quarterly | 2016-11-18 |
2016-08-04 | $0.07 | quarterly | 2016-08-19 |
2016-05-04 | $0.07 | quarterly | 2016-05-20 |
2016-02-04 | $0.07 | quarterly | 2016-02-19 |
2015-11-05 | $0.07 | quarterly | 2015-11-20 |
2015-08-06 | $0.07 | quarterly | 2015-08-21 |
2015-05-06 | $0.07 | quarterly | 2015-05-22 |
2015-02-05 | $0.07 | quarterly | 2015-02-20 |
2014-11-06 | $0.07 | quarterly | 2014-11-21 |
2014-07-31 | $0.07 | quarterly | 2014-08-15 |
2014-04-30 | $0.07 | quarterly | 2014-05-16 |
2014-02-06 | $0.07 | quarterly | 2014-02-21 |
2013-10-31 | $0.06 | quarterly | 2013-11-15 |
2013-08-01 | $0.06 | quarterly | 2013-08-16 |
2013-05-01 | $0.06 | quarterly | 2013-05-17 |
2013-02-07 | $0.05 | quarterly | 2013-02-22 |
First Commonwealth Financial Dividend per year
First Commonwealth Financial Dividend growth
First Commonwealth Financial Dividend Yield
First Commonwealth Financial current trailing twelve-month (TTM) dividend yield is 2.37%. Interested in purchasing First Commonwealth Financial stock? Use our calculator to estimate your expected dividend yield:
First Commonwealth Financial Financial Ratios
First Commonwealth Financial Dividend FAQ
Other factors to consider when evaluating First Commonwealth Financial 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 Commonwealth Financial'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 Commonwealth Financial 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 Commonwealth Financial 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 Commonwealth Financial 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 Commonwealth Financial 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 Commonwealth Financial 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 Commonwealth Financial 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 Commonwealth Financial'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 Commonwealth Financial'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.