First US Bancshares, Inc. operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits. Its loan products include commercial construction, land, and land development loans comprising residential housing, commercial and industrial use property development loans, raw land purchase and improvement loans, and agricultural production loans; mortgage loans on residential properties and apartment buildings; real estate loans secured by commercial and industrial properties, office or mixed-use facilities, strip shopping centers, or other commercial property; loans and leases to commercial customers; and secured and unsecured personal loans, including automobile loans and other direct consumer installment loans. The company also provides loans secured by personal property items, such as furniture, ATVs, and home appliances, as well as recreational vehicles, boats, and cargo trailers. In addition, it provides letters of credit; and safe deposit box and remote deposit capture services, as well as underwrites credit life, and credit accident and health insurance reinsurance policies. The company serves small-and medium-sized businesses, property managers, business executives, professionals, and other individuals. It operates 15 full-service banking offices in Birmingham, Butler, Calera, Centreville, Gilbertown, Grove Hill, Harpersville, Jackson, Thomasville, Tuscaloosa, and Woodstock, Alabama; Knoxville and Powell, Tennessee; and Rose Hill, Virginia, as well as loan production offices in Mobile, Alabama, and the Chattanooga, Tennessee area. The company was formerly known as United Security Bancshares, Inc. and changed its name to First US Bancshares, Inc. in October 2016. First US Bancshares, Inc. was founded in 1952 and is headquartered in Birmingham, Alabama.
First US Bancshares Dividend Announcement
• First US Bancshares announced a quarterly dividend of $0.05 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-13
• First US Bancshares annual dividend for 2024 was $0.15
• First US Bancshares annual dividend for 2023 was $0.20
• First US Bancshares's trailing twelve-month (TTM) dividend yield is 2.14%
• First US Bancshares's payout ratio for the trailing twelve months (TTM) is 13.35%
• First US Bancshares's dividend growth over the last five years (2018-2023) was 20.11% year
First US Bancshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | $0.05 | quarterly | 2024-10-01 |
2024-06-07 | $0.05 | quarterly | 2024-07-01 |
2024-03-07 | $0.05 | quarterly | 2024-04-01 |
2023-12-07 | $0.05 | quarterly | 2024-01-02 |
2023-09-07 | $0.05 | quarterly | 2023-10-02 |
2023-06-08 | $0.05 | quarterly | 2023-07-03 |
2023-03-09 | $0.05 | quarterly | 2023-04-03 |
2022-12-08 | $0.05 | quarterly | 2023-01-03 |
2022-09-08 | $0.03 | quarterly | 2022-10-03 |
2022-06-09 | $0.03 | quarterly | 2022-07-01 |
2022-03-09 | $0.03 | quarterly | 2022-04-01 |
2021-12-09 | $0.03 | quarterly | 2022-01-04 |
2021-09-09 | $0.03 | quarterly | 2021-10-01 |
2021-06-10 | $0.03 | quarterly | 2021-07-01 |
2021-03-11 | $0.03 | quarterly | 2021-04-01 |
2020-12-10 | $0.03 | quarterly | 2021-01-04 |
2020-09-10 | $0.03 | quarterly | 2020-10-01 |
2020-06-11 | $0.03 | quarterly | 2020-07-01 |
2020-03-11 | $0.03 | quarterly | 2020-04-01 |
2019-12-11 | $0.03 | quarterly | 2020-01-02 |
2019-09-11 | $0.02 | quarterly | 2019-10-01 |
2019-06-06 | $0.02 | quarterly | 2019-07-01 |
2019-03-11 | $0.02 | quarterly | 2019-04-01 |
2018-12-06 | $0.02 | quarterly | 2019-01-02 |
2018-09-06 | $0.02 | quarterly | 2018-10-01 |
2018-06-07 | $0.02 | quarterly | 2018-07-02 |
2018-03-08 | $0.02 | quarterly | 2018-04-02 |
2017-12-07 | $0.02 | quarterly | 2018-01-02 |
2017-09-07 | $0.02 | quarterly | 2017-10-02 |
2017-06-07 | $0.02 | quarterly | 2017-07-03 |
2017-03-08 | $0.02 | quarterly | 2017-04-03 |
2016-12-07 | $0.02 | quarterly | 2017-01-03 |
2016-09-07 | $0.02 | quarterly | 2016-10-03 |
2016-06-08 | $0.02 | quarterly | 2016-07-01 |
2016-03-09 | $0.02 | quarterly | 2016-04-01 |
2015-12-09 | $0.02 | quarterly | 2016-01-04 |
2015-09-09 | $0.02 | quarterly | 2015-10-01 |
2015-06-10 | $0.02 | quarterly | 2015-07-01 |
2015-03-10 | $0.02 | quarterly | 2015-04-01 |
2014-12-10 | $0.02 | quarterly | 2015-01-02 |
2014-09-10 | $0.01 | quarterly | 2014-10-01 |
2011-03-09 | $0.04 | quarterly | 2011-04-01 |
First US Bancshares Dividend per year
First US Bancshares Dividend growth
First US Bancshares Dividend Yield
First US Bancshares current trailing twelve-month (TTM) dividend yield is 2.14%. Interested in purchasing First US Bancshares stock? Use our calculator to estimate your expected dividend yield:
First US Bancshares Financial Ratios
First US Bancshares Dividend FAQ
Other factors to consider when evaluating First US Bancshares 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 US Bancshares'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 US Bancshares 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 US Bancshares 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 US Bancshares 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 US Bancshares 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 US Bancshares 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 US Bancshares 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 US Bancshares'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 US Bancshares'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.