First Foundation Inc., through its subsidiaries, provides personal banking, business banking, and private wealth management services in the United States. It operates through two segments, Banking and Wealth Management. The company offers a range of bank deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificate of deposits; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, and commercial term loans and line of credits, as well as consumer loans, such as personal installment loans and line of credits, and home equity line of credits. It also provides various specialized services comprising trust services, internet and mobile banking, remote deposit capture services, merchant credit card services, ATM cards, Visa debit cards, and business sweep accounts, as well as insurance brokerage services and equipment financing solutions. In addition, the company offers investment management and financial planning services; treasury management services; advisory and coordination services in the areas of estate planning, retirement planning, and charitable and business ownership issues; and financial, investment, and economic advisory and related services. Further, it provides support services, including the processing and transmission of financial and economic data for charitable organizations. The company operates through a network of 28 branch offices and 3 loan production offices in California, Nevada, Texas, and Hawaii. First Foundation Inc. was founded in 1985 and is headquartered in Dallas, Texas.
First Foundation Dividend Announcement
• First Foundation announced a quarterly dividend of $0.01 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-05-03
• First Foundation annual dividend for 2024 was $0.02
• First Foundation annual dividend for 2023 was $0.16
• First Foundation's trailing twelve-month (TTM) dividend yield is 0.31%
• First Foundation's payout ratio for the trailing twelve months (TTM) is -3.73%
First Foundation Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-03 | $0.01 | quarterly | 2024-05-16 |
2024-02-02 | $0.01 | quarterly | 2024-02-15 |
2023-11-03 | $0.01 | quarterly | 2023-11-16 |
2023-08-04 | $0.02 | quarterly | 2023-08-17 |
2023-05-05 | $0.02 | quarterly | 2023-05-19 |
2023-02-03 | $0.11 | quarterly | 2023-02-16 |
2022-11-04 | $0.11 | quarterly | 2022-11-17 |
2022-08-04 | $0.11 | quarterly | 2022-08-16 |
2022-05-05 | $0.11 | quarterly | 2022-05-16 |
2022-02-09 | $0.11 | quarterly | 2022-02-17 |
2021-11-04 | $0.09 | quarterly | 2021-11-15 |
2021-08-06 | $0.09 | quarterly | 2021-08-20 |
2021-05-06 | $0.09 | quarterly | 2021-05-17 |
2021-02-04 | $0.09 | quarterly | 2021-02-15 |
2020-11-06 | $0.07 | quarterly | 2020-11-17 |
2020-07-23 | $0.07 | quarterly | 2020-08-07 |
2020-05-29 | $0.07 | quarterly | 2020-06-15 |
2020-03-04 | $0.07 | quarterly | 2020-03-16 |
2019-11-29 | $0.05 | quarterly | 2019-12-16 |
2019-08-30 | $0.05 | quarterly | 2019-09-16 |
2019-05-31 | $0.05 | quarterly | 2019-06-17 |
2019-02-28 | $0.05 | quarterly | 2019-03-15 |
First Foundation Dividend per year
First Foundation Dividend growth
First Foundation Dividend Yield
First Foundation current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing First Foundation stock? Use our calculator to estimate your expected dividend yield:
First Foundation Financial Ratios
First Foundation Dividend FAQ
Other factors to consider when evaluating First Foundation 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 Foundation'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 Foundation 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 Foundation 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 Foundation 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 Foundation 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 Foundation 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 Foundation 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 Foundation'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 Foundation'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.