First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans comprising direct personal loans, credit card loans and lines of credit, and indirect loans; variable and fixed rate commercial loans for small and medium-sized manufacturing, wholesale, retail, and service businesses for working capital needs and business expansions; and agricultural loans. In addition, it provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations. Further, the company offers marketing, credit review, loan servicing, credit cards issuance and servicing, mortgage loan sales and servicing, indirect consumer loan purchasing and processing, loan collection services, and other operational services, as well as online and mobile banking services. It serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, energy, governmental services, healthcare, hospitality, housing, mining, professional services, real estate development, retail, technology, tourism, and wholesale trade. As of December 31, 2021, it operated 147 banking offices, including detached drive-up facilities in communities across Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. The company was incorporated in 1971 and is headquartered in Billings, Montana.
First Interstate BancSystem Dividend Announcement
• First Interstate BancSystem announced a quarterly dividend of $0.47 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-11-04
• First Interstate BancSystem annual dividend for 2024 was $1.88
• First Interstate BancSystem annual dividend for 2023 was $1.88
• First Interstate BancSystem's trailing twelve-month (TTM) dividend yield is 6.3%
• First Interstate BancSystem's payout ratio for the trailing twelve months (TTM) is 83.14%
• First Interstate BancSystem's dividend growth over the last five years (2018-2023) was 10.91% year
• First Interstate BancSystem's dividend growth over the last ten years (2013-2023) was 16.45% year
First Interstate BancSystem Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-04 | $0.47 | quarterly | 2024-11-14 |
| 2024-08-05 | $0.47 | quarterly | 2024-08-15 |
| 2024-05-03 | $0.47 | quarterly | 2024-05-16 |
| 2024-02-08 | $0.47 | quarterly | 2024-02-19 |
| 2023-11-03 | $0.47 | quarterly | 2023-11-16 |
| 2023-08-04 | $0.47 | quarterly | 2023-08-17 |
| 2023-05-05 | $0.47 | quarterly | 2023-05-18 |
| 2023-02-06 | $0.47 | quarterly | 2023-02-17 |
| 2022-11-07 | $0.47 | quarterly | 2022-11-18 |
| 2022-08-08 | $0.41 | quarterly | 2022-08-19 |
| 2022-05-09 | $0.41 | quarterly | 2022-05-20 |
| 2022-02-09 | $0.41 | quarterly | 2022-02-21 |
| 2021-11-05 | $0.41 | quarterly | 2021-11-18 |
| 2021-08-06 | $0.41 | quarterly | 2021-08-19 |
| 2021-05-10 | $0.41 | quarterly | 2021-05-21 |
| 2021-02-08 | $0.41 | quarterly | 2021-02-19 |
| 2020-11-05 | $0.38 | quarterly | 2020-11-16 |
| 2020-08-06 | $0.34 | quarterly | 2020-08-17 |
| 2020-05-08 | $0.34 | quarterly | 2020-05-21 |
| 2020-02-28 | $0.60 | quarterly | 2020-03-12 |
| 2020-02-07 | $0.34 | quarterly | 2020-02-20 |
| 2019-11-07 | $0.31 | quarterly | 2019-11-19 |
| 2019-08-07 | $0.31 | quarterly | 2019-08-21 |
| 2019-05-10 | $0.31 | quarterly | 2019-05-23 |
| 2019-02-08 | $0.31 | quarterly | 2019-02-21 |
| 2018-11-08 | $0.28 | quarterly | 2018-11-19 |
| 2018-08-09 | $0.28 | quarterly | 2018-08-21 |
| 2018-05-11 | $0.28 | quarterly | 2018-05-24 |
| 2018-02-09 | $0.28 | quarterly | 2018-02-22 |
| 2017-10-30 | $0.24 | quarterly | 2017-11-13 |
| 2017-07-31 | $0.24 | quarterly | 2017-08-11 |
| 2017-04-28 | $0.24 | quarterly | 2017-05-12 |
| 2017-01-26 | $0.24 | quarterly | 2017-02-10 |
| 2016-10-27 | $0.22 | quarterly | 2016-11-14 |
| 2016-07-28 | $0.22 | quarterly | 2016-08-12 |
| 2016-04-28 | $0.22 | quarterly | 2016-05-13 |
| 2016-01-28 | $0.22 | quarterly | 2016-02-12 |
| 2015-10-29 | $0.20 | quarterly | 2015-11-13 |
| 2015-07-30 | $0.20 | quarterly | 2015-08-14 |
| 2015-04-29 | $0.20 | quarterly | 2015-05-15 |
| 2015-01-29 | $0.20 | quarterly | 2015-02-13 |
| 2014-11-04 | $0.16 | quarterly | 2014-11-17 |
| 2014-08-01 | $0.16 | quarterly | 2014-08-15 |
| 2014-05-06 | $0.16 | quarterly | 2014-05-19 |
| 2014-01-31 | $0.16 | quarterly | 2014-02-14 |
| 2013-10-30 | $0.14 | quarterly | 2013-11-15 |
| 2013-08-01 | $0.14 | quarterly | 2013-08-15 |
| 2013-05-02 | $0.13 | quarterly | 2013-05-15 |
First Interstate BancSystem Dividend per year
First Interstate BancSystem Dividend growth
First Interstate BancSystem Dividend Yield
First Interstate BancSystem current trailing twelve-month (TTM) dividend yield is 6.3%. Interested in purchasing First Interstate BancSystem stock? Use our calculator to estimate your expected dividend yield:
First Interstate BancSystem Financial Ratios
P/E ratio13.06
PEG ratio2.18
P/B ratio0.91
ROE7.23%
Payout ratio83.14%
Current ratio0.68
Quick ratio0.68
Cash Ratio0.03
First Interstate BancSystem Dividend FAQ
How much is the next First Interstate BancSystem dividend?
First Interstate BancSystem'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 Interstate BancSystem dividend. The next First Interstate BancSystem dividend will be released in February, May, August, or November.
When is First Interstate BancSystem dividend paid?
First Interstate BancSystem 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 Interstate BancSystem pay?
The specific amount of First Interstate BancSystem 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 Interstate BancSystem's dividend history.
Does First Interstate BancSystem stock pay dividends?
Yes, First Interstate BancSystem 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 Interstate BancSystem's dividend history.
How much dividend does First Interstate BancSystem pay?
First Interstate BancSystem paid $1.88 in 2024, $1.88 in 2023, $1.7 in 2022, $1.64 in 2021, and $2.0 in 2020.
How often does First Interstate BancSystem pay dividends?
First Interstate BancSystem 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 Interstate BancSystem's dividend yield?
The current dividend yield for First Interstate BancSystem is 6.3%. 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 Interstate BancSystem's exact dividend yield.
When does First Interstate BancSystem go ex dividend?
First Interstate BancSystem's ex-dividend date for the latest dividend was on 2024-11-04. First Interstate BancSystem 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 Interstate BancSystem dividend paid?
First Interstate BancSystem pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will First Interstate BancSystem 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 Interstate BancSystem 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 Interstate BancSystem dividend per share?
First Interstate BancSystem paid $1.88 per share in 2024 and $1.88 per share in 2023. The amount of dividend per share that First Interstate BancSystem 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 Interstate BancSystem 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 Interstate BancSystem 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 Interstate BancSystem a dividend stock?
Yes, First Interstate BancSystem is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is First Interstate BancSystem a good dividend stock?
Whether First Interstate BancSystem 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 Interstate BancSystem has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating First Interstate BancSystem 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 Interstate BancSystem 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 Interstate BancSystem pay dividends monthly?
First Interstate BancSystem typically pays dividends on a quarterly basis.
Does First Interstate BancSystem pay dividends quarterly?
First Interstate BancSystem currently pays dividends on a quarterly basis.
Has First Interstate BancSystem ever paid a dividend?
Yes, First Interstate BancSystem has a history of paying dividends to its shareholders. First Interstate BancSystem is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy First Interstate BancSystem dividend stocks?
To buy First Interstate BancSystem 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 Interstate BancSystem 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 Interstate BancSystem 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 Interstate BancSystem pay dividends 2024?
First Interstate BancSystem pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-14. 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 Interstate BancSystem increase its dividend in 2024?
Decisions regarding First Interstate BancSystem 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 Interstate BancSystem dividend overview you can look into the above table of dividend history.
How First Interstate BancSystem dividend works?
The First Interstate BancSystem 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 Interstate BancSystem's dividend process works:
1. Determination of Dividend: First Interstate BancSystem'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 Interstate BancSystem 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 Interstate BancSystem 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 Interstate BancSystem 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 Interstate BancSystem'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 Interstate BancSystem 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 Interstate BancSystem 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 Interstate BancSystem 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 Interstate BancSystem dividends paid?
First Interstate BancSystem dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: First Interstate BancSystem 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 Interstate BancSystem 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 Interstate BancSystem 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 Interstate BancSystem 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 Interstate BancSystem 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 Interstate BancSystem 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 Interstate BancSystem pay dividends?
First Interstate BancSystem 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 Interstate BancSystem pay dividends?
The general pattern is that First Interstate BancSystem 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 Interstate BancSystem dividend safe?
The safety of First Interstate BancSystem'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 Interstate BancSystem'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 Interstate BancSystem'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 Interstate BancSystem'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 Interstate BancSystem'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.