First BanCorp (Puerto Rico) (FBP) Dividends

First BanCorp (Puerto Rico) (FBP): $17.19

0.07 (+0.41%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

C

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Industry: Foreign Banks

Industry

C

Ranked

#55 of 89

in industry

Dividend Yield and Dividend History Highlights

  • If you care about predictable cash flow, note that FBP reports less variability in its free cash flow than 97.33% of the dividend stocks we're tracking.
  • In terms of debt burden relative to earnings, FBP has an EBITDA to net debt ratio of 234,063,000, ranking above 91.45% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
  • As for stocks whose price is uncorrelated with FBP's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: SPNS, NWFL, WEN, FF and IRS.
FBP Ex-Dividend Date
FBP Dividend Yield
3.74%
FBP Annual Dividend
$0.64
FBP Payout Ratio

FBP Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$17.19$7.19 -44.93%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of FBP, the DDM model, as implemented by StockNews, implies a negative return of 44.93% relative to its current price. To help understand and contextualize the model's evaluation of FBP, investors may wish to consider are:

  • In comparison to other US listed dividend yielding stocks in the Financial Services sector, First Bancorp's expected return of -44.93% is higher than merely 24.12% of its fellow sector mates.
  • Compared to all dividend issuing stocks in our set, First Bancorp bears a discount rate, according to our calculations, lower than merely 24.12% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
  • Beta is a measure of volatility relative to the stock market at large; for FBP, its beta is lower than merely 10.09% of stocks in the small-sized revenue class.


FBP Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-05-29Dividend$0.16--
2024-02-22Dividend$0.16+14.29%
2023-11-22Dividend$0.14--
2023-08-23Dividend$0.14--
2023-05-23Dividend$0.14--
2023-02-23Dividend$0.14+16.67%
2022-11-23Dividend$0.12--
2022-08-24Dividend$0.12--
2022-05-24Dividend$0.12+20.00%
2022-02-24Dividend$0.10--
2021-11-24Dividend$0.10+42.86%
2021-08-25Dividend$0.07--
2021-05-25Dividend$0.07--
2021-02-25Dividend$0.07+40.00%
2020-11-25Dividend$0.05--
2020-08-26Dividend$0.05--
2020-05-27Dividend$0.05--
2020-02-27Dividend$0.05--
2019-11-27Dividend$0.05+66.67%
2019-08-28Dividend$0.03--
2019-05-29Dividend$0.03--
2019-02-27Dividend$0.03--
2018-11-29Dividend$0.03-57.14%
2011-01-07Split1-15-for-1 Stock SplitN/A
2009-06-11Dividend$0.07--
2009-03-11Dividend$0.07--
2008-12-11Dividend$0.07--
2008-09-11Dividend$0.07--
2008-06-11Dividend$0.07--
2008-03-12Dividend$0.07--
2007-12-12Dividend$0.07--
2007-09-12Dividend$0.07--
2007-06-13Dividend$0.07--
2007-03-13Dividend$0.07--
2006-12-13Dividend$0.07--
2006-09-13Dividend$0.07--
2006-06-13Dividend$0.07--
2006-03-22Dividend$0.07--
2005-12-13Dividend$0.07--
2005-09-13Dividend$0.07--
2005-07-01Split2-1-for-1 Stock SplitN/A
2005-06-13Dividend$0.14--
2005-03-11Dividend$0.14+16.67%
2004-12-13Dividend$0.12--
2004-09-13Dividend$0.12--
2004-06-14Dividend$0.12--
2004-03-11Dividend$0.12+9.09%
2003-12-11Dividend$0.11--
2003-09-11Dividend$0.11--
2003-06-11Dividend$0.11--
2003-03-12Dividend$0.11+10.00%
2002-12-12Dividend$0.10+100.00%
2002-09-30Split3-2-for-1 Stock SplitN/A
2002-09-11Dividend$0.15--
2002-06-12Dividend$0.15--
2002-03-13Dividend$0.15+15.38%
2001-12-12Dividend$0.13--
2001-09-10Dividend$0.13--
2001-06-13Dividend$0.13--
2001-03-13Dividend$0.13+18.18%
2000-12-13Dividend$0.11--
2000-09-13Dividend$0.11--
2000-06-13Dividend$0.11--
2000-03-13Dividend$0.11+22.22%
1999-12-13Dividend$0.09--
1999-09-13Dividend$0.09--
1999-06-11Dividend$0.09--
1999-03-11Dividend$0.09+20.00%
1998-12-11Dividend$0.08--
1998-09-11Dividend$0.08--
1998-06-11Dividend$0.08+6.67%
1998-06-01Split2-1-for-1 Stock SplitN/A
1998-05-13Dividend$0.15--
1998-03-11Dividend$0.15+25.00%
1997-12-10Dividend$0.12--
1997-09-10Dividend$0.12--
1997-06-11Dividend$0.12--
1997-03-12Dividend$0.12+20.00%
1996-12-11Dividend$0.10--
1996-09-11Dividend$0.10--
1996-06-12Dividend$0.10--
1996-03-13Dividend$0.10+25.00%
1995-12-13Dividend$0.08-84.00%
1993-03-01Split3-2-for-1 Stock SplitN/A
1992-12-07Dividend$1.50--


FBP Dividends vs. Peers

FBP's dividend yield currently ranks #3 of 110 vs. its peers in the Foreign Banks category.
Rank Symbol Name Dividend Yield
1 BBDO Banco Bradesco Sa American Depositary Shares (each representing one Common Share) 0.00%
2 RY Royal Bank Of Canada 0.00%
3 FBP First BanCorp (Puerto Rico) 0.00%
4 TD Toronto-Dominion Bank 0.00%
5 BBVA Banco Bilbao Vizcaya Argentaria S.A. 0.00%
6 SAN Banco Santander S.A. ADR 0.00%
7 MDIBY Mediobanca S.p.A 0.00%
8 UNCRY UniCredit S.p.A. 0.00%
9 EBKDY Erste Group Bank AG ADR 0.00%
10 MFG Mizuho Financial Group, Inc. Sponosred ADR (Japan) 0.00%
11 BCH Banco De Chile Banco De Chile ADS 0.00%
12 UOVEY United Overseas Bank Ltd. ADR 0.00%
13 BCS Barclays PLC ADR 0.00%
14 SBKFF State Bank of India 0.00%
15 SBRCY Sberbank of Russia PJSC 0.00%
16 CAIXY CaixaBank, S.A. 0.00%
17 CIB BanColombia S.A. 0.00%
18 MLYBY Malayan Banking Berhad 0.00%
19 HDB HDFC Bank Limited 0.00%
20 WBK Westpac Banking Corporation 0.00%
21 CBWBF Canadian Western Bank 0.00%
22 BBAR BBVA Banco Frances S.A. 0.00%
23 MQBKY Macquarie Group Ltd. 0.00%
24 SUTNY Sumitomo Mitsui Trust Holdings, Inc. 0.00%
25 OTPGF OTP Bank Nyrt. 0.00%
26 IDCBY Industrial and Commercial Bank of China Ltd. ADR 0.00%
27 SVNLY Svenska Handelsbanken AB 0.00%
28 OVCHY Oversea-Chinese Banking Corporation Limited 0.00%
29 SWDBY Swedbank AB ADR 0.00%
30 FCI FirstCaribbean International Bank Limited 0.00%
31 PBCRY PT Bank Central Asia Tbk 0.00%
32 SCBFF Standard Chartered PLC 0.00%
33 SCGLY Societe Generale (France) ADR 0.00%
34 KB KB Financial Group Inc. ADR 0.00%
35 CM Canadian Imperial Bank of Commerce 0.00%
36 CIBEY Commercial International Bank -Egypt S.A.E 0.00%
37 CICHY China Construction Bank Corp. ADR 0.00%
38 SHG Shinhan Financial Group Co. Ltd. ADR 0.00%
39 TKYVY Turkiye Vakiflar Bankasi T.A.O. 0.00%
40 ITCB Itau CorpBanca ADR 0.00%
41 GGAL Grupo Financiero Galicia S.A., Class B Shares underlying 0.00%
42 NABZY National Australia Bank Ltd. ADR 0.00%
43 NDBKY Nedbank Group Ltd 0.00%
44 CMAKY China Minsheng Banking Corp., Ltd. 0.00%
45 CMWAY Commonwealth Bank of Australia ADR 0.00%
46 FANDY FirstRand Limited 0.00%
47 BLX Banco Latinoamericano de Comercio Exterior, S.A. 0.00%
48 BMA Banco Macro S.A. ADR (representing Ten Class B Common Shares) 0.00%
49 ISNPY Intesa Sanpaolo S.p.A. ADR 0.00%
50 SMFG Sumitomo Mitsui Financial Group Inc. ADR 0.00%
51 BMO Bank Of Montreal 0.00%
52 HSBC HSBC Holdings PLC ADR 0.00%
53 ANZBY Australia and New Zealand Banking Group Limited 0.00%
54 BNS Bank of Nova Scotia 0.00%
55 EWBC East West Bancorp, Inc. 0.00%
56 CRARY Crédit Agricole S.A. 0.00%
57 SGBLY Standard Bank Group 0.00%
58 OFG OFG Bancorp 0.00%
59 BSAC Banco Santander - Chile ADS 0.00%
60 BSBR Banco Santander (Brasil) S.A. ADR 0.00%
61 RBS Royal Bank of Scotland Group Plc New (The) ADS 0.00%
62 MUFG Mitsubishi UFJ Financial Group Inc. ADR 0.00%
63 BSMX Banco Santander Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico 0.00%
64 CS Credit Suisse Group AG ADR 0.00%
65 TKGZY Turkiye Garanti Bankasi A.S. 0.00%
66 NRDBY Nordea Bank Abp 0.00%
67 KBCSY KBC Group N.V. ADR 0.00%
68 GBOOY Grupo Financiero Banorte S.A.B. de C.V. ADR 0.00%
69 IBN ICICI Bank Ltd. ADR 0.00%
70 NTIOF National Bank of Canada 0.00%
71 WF Woori Financial Group 0.00%
72 NTXFY Natixis S.A. 0.00%
73 BACHY Bank of China Ltd. ADR 0.00%
74 UBS UBS Group AG 0.00%
75 NWG NatWest Group PLC ADR 0.00%
76 PPERY Bank Mandiri (Persero) ADR 0.00%
77 AAVMY ABN AMRO Bank N.V. 0.00%
78 BDORY Banco do Brasil S/A ADR 0.00%
79 BDOUY BDO Unibank, Inc. 0.00%
80 ACGBY Agricultural Bank of China Limited 0.00%
81 BHKLY BOC Hong Kong (Holdings) Ltd. ADR 0.00%
82 CRZBY Commerzbank AG 0.00%
83 NTB Bank of N.T. Butterfield & Son Limited (The) Voting Ordinary Shares 0.00%
84 KPCPY Kasikornbank Public Company Limited 0.00%
85 AVAL Grupo Aval Acciones y Valores S.A. ADR (Each representing 20 preferred shares) 0.00%
86 BKEAY The Bank of East Asia, Limited 0.00%
87 ING ING Groep N.V. ADR 0.00%
88 HACBY The Hachijuni Bank, Ltd. 0.00%
89 PSTVY Postal Savings Bank of China Co., Ltd. 0.00%
90 THBIY Turkiye Halk Bankasi AS 0.00%
91 LYG Lloyds Banking Group PLC ADR 0.00%
92 DB Deutsche Bank AG 0.00%
93 AGRPY Absa Group Limited 0.00%
94 DBSDY DBS Group Holdings Ltd. ADR 0.00%
95 SHZUY The Shizuoka Bank, Ltd. 0.00%
96 BKHYY Bank Hapoalim B.M. 0.00%
97 BKKLY Bangkok Bank Public Company Limited 0.00%
98 BKNIY Bankinter, S.A. 0.00%
99 BKQNY Bank of Queensland Limited 0.00%
100 BKRIY Bank of Ireland Group plc 0.00%
101 BKRKY PT Bank Rakyat Indonesia (Persero) Tbk 0.00%
102 SMUUY Siam Commercial Bank Public Company Limited 0.00%
103 ITUB Itau Unibanco Holding S/A ADR 0.00%
104 AKBTY Akbank T.A.S. 0.00%
105 SNMCY Suncorp Group Ltd. 0.00%
106 DNHBY DNB ASA 0.00%
107 BNPQY BNP Paribas S.A. ADR 0.00%
108 DNKEY Danske Bank A/S 0.00%
109 BAP Credicorp Ltd. 0.00%
110 BBD Banco Bradesco S/A Pref ADR 0.00%

Looking for More Information on FBP dividends?

Want to see what other sources are saying about First Bancorp's dividends? Try the links below:

First Bancorp Common Stock (FBP) Dividend History | Nasdaq
Dividend History for First Bancorp (FBP) - Dividend Investor
First Bancorp (FBP) Dividend History - Seeking Alpha

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