First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking products and services in Texas. The company accepts checking, savings and money market accounts, and time deposits; commercial and industrial, municipal, agricultural, construction and development, farm, non-owner occupied and owner-occupied commercial real estate, residential, and consumer auto and non-auto loans to businesses, professional individuals, and farm and ranch operations. It also provides drive-in and night deposit, remote deposit capture, internet and mobile banking, payroll cards, transmitting funds, and other customary commercial banking services, as well as automated teller machines and safe deposit facilities. In addition, the company offers personal trust services, including wealth management, administration of estates, testamentary trusts, revocable and irrevocable trusts, and agency accounts; and securities brokerage services, as well as administer retirements and employee benefits accounts, such as 401(k) profit-sharing plans and IRAs. Further, the company provides asset management and technology services. As of December 31, 2021, it had 78 financial centers across Texas. First Financial Bankshares, Inc. was founded in 1890 and is headquartered in Abilene, Texas.
First Financial Bankshares Dividend Announcement
• First Financial Bankshares announced a quarterly dividend of $0.18 per ordinary share which will be made payable on 2025-01-02. Ex dividend date: 2024-12-12
• First Financial Bankshares annual dividend for 2024 was $0.72
• First Financial Bankshares annual dividend for 2023 was $0.71
• First Financial Bankshares's trailing twelve-month (TTM) dividend yield is 2.49%
• First Financial Bankshares's payout ratio for the trailing twelve months (TTM) is 49.66%
• First Financial Bankshares's dividend growth over the last five years (2018-2023) was -2.84% year
• First Financial Bankshares's dividend growth over the last ten years (2013-2023) was -3.65% year
First Financial Bankshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-12 | $0.18 | quarterly | 2025-01-02 |
2024-09-12 | $0.18 | quarterly | 2024-10-01 |
2024-06-14 | $0.18 | quarterly | 2024-07-01 |
2024-03-14 | $0.18 | quarterly | 2024-04-01 |
2023-12-14 | $0.18 | quarterly | 2024-01-02 |
2023-09-13 | $0.18 | quarterly | 2023-10-02 |
2023-06-14 | $0.18 | quarterly | 2023-07-03 |
2023-03-10 | $0.17 | quarterly | 2023-04-03 |
2022-12-14 | $0.17 | quarterly | 2023-01-03 |
2022-09-14 | $0.17 | quarterly | 2022-10-03 |
2022-06-15 | $0.17 | quarterly | 2022-07-01 |
2022-03-15 | $0.15 | quarterly | 2022-04-01 |
2021-12-15 | $0.15 | quarterly | 2022-01-03 |
2021-09-15 | $0.15 | quarterly | 2021-10-01 |
2021-06-15 | $0.15 | quarterly | 2021-07-01 |
2021-03-15 | $0.13 | quarterly | 2021-04-01 |
2020-12-15 | $0.13 | quarterly | 2021-01-04 |
2020-09-15 | $0.13 | quarterly | 2020-10-01 |
2020-06-15 | $0.13 | quarterly | 2020-07-01 |
2020-03-13 | $0.12 | quarterly | 2020-04-01 |
2019-12-12 | $0.12 | quarterly | 2020-01-02 |
2019-09-13 | $0.12 | quarterly | 2019-10-01 |
2019-06-14 | $0.12 | quarterly | 2019-07-01 |
2019-03-14 | $0.21 | quarterly | 2019-04-01 |
2018-12-13 | $0.21 | quarterly | 2019-01-02 |
2018-09-14 | $0.21 | quarterly | 2018-10-01 |
2018-06-14 | $0.21 | quarterly | 2018-07-02 |
2018-03-14 | $0.19 | quarterly | 2018-04-02 |
2017-12-14 | $0.19 | quarterly | 2018-01-02 |
2017-09-14 | $0.19 | quarterly | 2017-10-02 |
2017-06-14 | $0.19 | quarterly | 2017-07-03 |
2017-03-13 | $0.18 | quarterly | 2017-04-03 |
2016-12-13 | $0.18 | quarterly | 2017-01-03 |
2016-09-13 | $0.18 | quarterly | 2016-10-03 |
2016-06-14 | $0.18 | quarterly | 2016-07-01 |
2016-03-14 | $0.16 | quarterly | 2016-04-01 |
2015-12-11 | $0.16 | quarterly | 2016-01-04 |
2015-09-11 | $0.16 | quarterly | 2015-10-01 |
2015-06-11 | $0.16 | quarterly | 2015-07-01 |
2015-03-12 | $0.14 | quarterly | 2015-04-01 |
2014-12-11 | $0.14 | quarterly | 2015-01-02 |
2014-09-11 | $0.14 | quarterly | 2014-10-01 |
2014-06-12 | $0.14 | quarterly | 2014-07-01 |
2014-03-12 | $0.26 | quarterly | 2014-04-01 |
2013-12-12 | $0.26 | quarterly | 2014-01-02 |
2013-09-12 | $0.26 | quarterly | 2013-10-01 |
2013-06-12 | $0.26 | quarterly | 2013-07-01 |
2013-03-13 | $0.25 | quarterly | 2013-04-01 |
First Financial Bankshares Dividend per year
First Financial Bankshares Dividend growth
First Financial Bankshares Dividend Yield
First Financial Bankshares current trailing twelve-month (TTM) dividend yield is 2.49%. Interested in purchasing First Financial Bankshares stock? Use our calculator to estimate your expected dividend yield:
First Financial Bankshares Financial Ratios
First Financial Bankshares Dividend FAQ
Other factors to consider when evaluating First Financial Bankshares 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 Financial Bankshares'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 Bankshares 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 Bankshares 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 Bankshares 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 Financial Bankshares 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 Bankshares 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 Bankshares 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 Financial Bankshares'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 Bankshares'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.