First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois. The company accepts various deposit products, such as interest-bearing and noninterest-bearing accounts, time deposits, and cash management services for commercial customers. It also provides real estate loans secured by residential property, such as one to four family residential housing units or commercial property comprising owner-occupied and/or investor income producing real estate consisting of apartments, shopping centers, or office buildings; commercial and industrial loans for various purposes, including inventory, receivables, and equipment; consumer loans comprising new and used vehicle loans, second mortgages on residential real estate, and unsecured loans; and home equity lines of credit. In addition, the company offers commercial financing to the insurance industry, registered investment advisors, certified public accountants, indirect auto finance companies, and restaurant franchisees. Further, it provides a range of trust and wealth management services; and lease and equipment financing services. As of December 31, 2021, the company operated 139 full service banking centers, 29 of which are leased facilities. It operates 62 banking centers in Ohio, three banking centers in Illinois, 62 banking centers in Indiana, and 12 banking centers in Kentucky. First Financial Bancorp. was founded in 1863 and is headquartered in Cincinnati, Ohio.
First Financial Bancorp Dividend Announcement
• First Financial Bancorp announced a quarterly dividend of $0.24 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-12-02
• First Financial Bancorp annual dividend for 2024 was $0.94
• First Financial Bancorp annual dividend for 2023 was $0.92
• First Financial Bancorp's trailing twelve-month (TTM) dividend yield is 3.24%
• First Financial Bancorp's payout ratio for the trailing twelve months (TTM) is 40.12%
• First Financial Bancorp's dividend growth over the last five years (2018-2023) was 3.36% year
• First Financial Bancorp's dividend growth over the last ten years (2013-2023) was -0.21% year
First Financial Bancorp Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-02 | $0.24 | quarterly | 2024-12-16 |
| 2024-08-30 | $0.24 | quarterly | 2024-09-16 |
| 2024-06-03 | $0.23 | quarterly | 2024-06-17 |
| 2024-02-29 | $0.23 | quarterly | 2024-03-15 |
| 2023-11-30 | $0.23 | quarterly | 2023-12-15 |
| 2023-08-31 | $0.23 | quarterly | 2023-09-15 |
| 2023-05-31 | $0.23 | quarterly | 2023-06-15 |
| 2023-02-28 | $0.23 | quarterly | 2023-03-15 |
| 2022-11-30 | $0.23 | quarterly | 2022-12-15 |
| 2022-08-31 | $0.23 | quarterly | 2022-09-15 |
| 2022-05-31 | $0.23 | quarterly | 2022-06-15 |
| 2022-02-28 | $0.23 | quarterly | 2022-03-15 |
| 2021-11-30 | $0.23 | quarterly | 2021-12-15 |
| 2021-08-31 | $0.23 | quarterly | 2021-09-15 |
| 2021-05-28 | $0.23 | quarterly | 2021-06-15 |
| 2021-02-26 | $0.23 | quarterly | 2021-03-15 |
| 2020-11-30 | $0.23 | quarterly | 2020-12-15 |
| 2020-08-31 | $0.23 | quarterly | 2020-09-15 |
| 2020-05-29 | $0.23 | quarterly | 2020-06-15 |
| 2020-02-28 | $0.23 | quarterly | 2020-03-16 |
| 2019-11-29 | $0.23 | quarterly | 2019-12-16 |
| 2019-08-29 | $0.23 | quarterly | 2019-09-16 |
| 2019-05-31 | $0.22 | quarterly | 2019-06-17 |
| 2019-02-28 | $0.22 | quarterly | 2019-03-15 |
| 2018-11-30 | $0.20 | quarterly | 2018-12-17 |
| 2018-08-30 | $0.20 | quarterly | 2018-09-17 |
| 2018-05-31 | $0.19 | quarterly | 2018-06-15 |
| 2018-02-28 | $0.19 | quarterly | 2018-03-15 |
| 2017-11-30 | $0.17 | quarterly | 2018-01-02 |
| 2017-08-30 | $0.17 | quarterly | 2017-10-02 |
| 2017-05-31 | $0.17 | quarterly | 2017-07-03 |
| 2017-02-28 | $0.17 | quarterly | 2017-04-03 |
| 2016-11-30 | $0.16 | quarterly | 2017-01-03 |
| 2016-08-31 | $0.16 | quarterly | 2016-10-03 |
| 2016-05-27 | $0.16 | quarterly | 2016-07-01 |
| 2016-02-29 | $0.16 | quarterly | 2016-04-01 |
| 2015-12-02 | $0.16 | quarterly | 2016-01-04 |
| 2015-08-26 | $0.16 | quarterly | 2015-10-01 |
| 2015-06-11 | $0.16 | quarterly | |
| 2015-05-27 | $0.16 | quarterly | 2015-07-01 |
| 2015-02-25 | $0.16 | quarterly | 2015-04-01 |
| 2014-11-25 | $0.16 | quarterly | 2015-01-02 |
| 2014-08-27 | $0.15 | quarterly | 2014-10-01 |
| 2014-05-28 | $0.15 | quarterly | 2014-07-01 |
| 2014-02-26 | $0.15 | quarterly | 2014-04-01 |
| 2013-11-26 | $0.15 | quarterly | 2014-01-02 |
| 2013-08-28 | $0.27 | quarterly | 2013-10-01 |
| 2013-05-29 | $0.24 | quarterly | 2013-07-01 |
| 2013-02-27 | $0.28 | quarterly | 2013-04-01 |
First Financial Bancorp Dividend per year
First Financial Bancorp Dividend growth
First Financial Bancorp Dividend Yield
First Financial Bancorp current trailing twelve-month (TTM) dividend yield is 3.24%. Interested in purchasing First Financial Bancorp stock? Use our calculator to estimate your expected dividend yield:
First Financial Bancorp Financial Ratios
P/E ratio12.40
PEG ratio5.89
P/B ratio1.12
ROE9.46%
Payout ratio40.12%
Current ratio4.12
Quick ratio4.12
Cash Ratio1.05
First Financial Bancorp Dividend FAQ
How much is the next First Financial Bancorp dividend?
First Financial Bancorp'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 Financial Bancorp dividend. The next First Financial Bancorp dividend will be released in February, May, August, or November.
When is First Financial Bancorp dividend paid?
First Financial Bancorp 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 Financial Bancorp pay?
The specific amount of First Financial Bancorp 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 Financial Bancorp's dividend history.
Does First Financial Bancorp stock pay dividends?
Yes, First Financial Bancorp 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 Financial Bancorp's dividend history.
How much dividend does First Financial Bancorp pay?
First Financial Bancorp paid $0.94 in 2024, $0.92 in 2023, $0.92 in 2022, $0.92 in 2021, and $0.92 in 2020.
How often does First Financial Bancorp pay dividends?
First Financial Bancorp 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 Financial Bancorp's dividend yield?
The current dividend yield for First Financial Bancorp is 3.24%. 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 Financial Bancorp's exact dividend yield.
When does First Financial Bancorp go ex dividend?
First Financial Bancorp's ex-dividend date for the latest dividend was on 2024-12-02. First Financial Bancorp 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 Financial Bancorp dividend paid?
First Financial Bancorp pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will First Financial Bancorp 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 Financial Bancorp 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 Financial Bancorp dividend per share?
First Financial Bancorp paid $0.94 per share in 2024 and $0.92 per share in 2023. The amount of dividend per share that First Financial Bancorp 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 Financial Bancorp 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 Financial Bancorp 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 Financial Bancorp a dividend stock?
Yes, First Financial Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is First Financial Bancorp a good dividend stock?
Whether First Financial Bancorp 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 Financial Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating First Financial Bancorp 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 Financial Bancorp 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 Financial Bancorp pay dividends monthly?
First Financial Bancorp typically pays dividends on a quarterly basis.
Does First Financial Bancorp pay dividends quarterly?
First Financial Bancorp currently pays dividends on a quarterly basis.
Has First Financial Bancorp ever paid a dividend?
Yes, First Financial Bancorp has a history of paying dividends to its shareholders. First Financial Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy First Financial Bancorp dividend stocks?
To buy First Financial Bancorp 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 Financial Bancorp 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 Financial Bancorp 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 Financial Bancorp pay dividends 2024?
First Financial Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-16. 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 Financial Bancorp increase its dividend in 2024?
Decisions regarding First Financial Bancorp 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 Financial Bancorp dividend overview you can look into the above table of dividend history.
How First Financial Bancorp dividend works?
The First Financial Bancorp 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 Financial Bancorp's dividend process works:
1. Determination of Dividend: First Financial Bancorp'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 Financial Bancorp 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 Financial Bancorp 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 Financial Bancorp 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 Financial Bancorp'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 Financial Bancorp 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 Financial Bancorp 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 Financial Bancorp 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 Financial Bancorp dividends paid?
First Financial Bancorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: First Financial Bancorp 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 Financial Bancorp 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 Financial Bancorp 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 Financial Bancorp 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 Financial Bancorp 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 Financial Bancorp 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 Financial Bancorp pay dividends?
First Financial Bancorp 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 Financial Bancorp pay dividends?
The general pattern is that First Financial Bancorp 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 Financial Bancorp dividend safe?
The safety of First Financial Bancorp'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 Financial Bancorp'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 Financial Bancorp'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 Financial Bancorp'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 Financial Bancorp'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.