First Interstate BancSystem, Inc. - (FIBK) Dividends
Dividend Yield and Dividend History Highlights
- FIBK reports a compound annual dividend growth rate of 0.2% over the past 5.5 years.
- In terms of debt burden relative to earnings, FIBK has an EBITDA to net debt ratio of 284,100,000, ranking above 92.4% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- Regarding dividend history, note that this is the 21st consecutive quarter dividends for FIBK have increased.
- As for stocks whose price is uncorrelated with FIBK's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: NFE, PCG, EVI, HRTG and QTS.
FIBK Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $24.44 | $68.65 | 82.4% |
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. As for FIBK, the DDM model, as implemented by StockNews, implies a positive return of 82.4% relative to its current price. Digging deeper, the aspects of First Interstate Bancsystem Inc's dividend discount model that we found most interesting were:
- Relative to all dividend yielding stocks in our set, First Interstate Bancsystem Inc produces a dividend yield 4.36% -- which falls in the top 17.62%.
- FIBK's market cap of approximately $2 billion makes it a mid-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 72.28% of them.
- Based on dividend growth rate, FIBK boasts a higher growth rate in terms of its annual cash distributed to its owners than 84.38% of the dividend issuers in our set.
FIBK Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-08 | Dividend | $0.47 | -- |
| 2023-11-03 | Dividend | $0.47 | -- |
| 2023-08-04 | Dividend | $0.47 | -- |
| 2023-05-05 | Dividend | $0.47 | -- |
| 2023-02-06 | Dividend | $0.47 | -- |
| 2022-11-07 | Dividend | $0.47 | +14.63% |
| 2022-08-08 | Dividend | $0.41 | -- |
| 2022-05-09 | Dividend | $0.41 | -- |
| 2022-02-09 | Dividend | $0.41 | -- |
| 2021-11-05 | Dividend | $0.41 | -- |
| 2021-08-06 | Dividend | $0.41 | -- |
| 2021-05-10 | Dividend | $0.41 | -- |
| 2021-02-08 | Dividend | $0.41 | +7.89% |
| 2020-11-05 | Dividend | $0.38 | +11.76% |
| 2020-08-06 | Dividend | $0.34 | -- |
| 2020-05-08 | Dividend | $0.34 | -43.33% |
| 2020-02-28 | Dividend | $0.60 | +76.47% |
| 2020-02-07 | Dividend | $0.34 | +9.68% |
| 2019-11-07 | Dividend | $0.31 | -- |
| 2019-08-07 | Dividend | $0.31 | -- |
| 2019-05-10 | Dividend | $0.31 | -- |
| 2019-02-08 | Dividend | $0.31 | +10.71% |
| 2018-11-08 | Dividend | $0.28 | -- |
| 2018-08-09 | Dividend | $0.28 | -- |
| 2018-05-11 | Dividend | $0.28 | -- |
| 2018-02-09 | Dividend | $0.28 | +16.67% |
| 2017-10-30 | Dividend | $0.24 | -- |
| 2017-07-31 | Dividend | $0.24 | -- |
| 2017-04-28 | Dividend | $0.24 | -- |
| 2017-01-26 | Dividend | $0.24 | +9.09% |
| 2016-10-27 | Dividend | $0.22 | -- |
| 2016-07-28 | Dividend | $0.22 | -- |
| 2016-04-28 | Dividend | $0.22 | -- |
| 2016-01-28 | Dividend | $0.22 | +10.00% |
| 2015-10-29 | Dividend | $0.20 | -- |
| 2015-07-30 | Dividend | $0.20 | -- |
| 2015-04-29 | Dividend | $0.20 | -- |
| 2015-01-29 | Dividend | $0.20 | +25.00% |
| 2014-11-04 | Dividend | $0.16 | -- |
| 2014-08-01 | Dividend | $0.16 | -- |
| 2014-05-06 | Dividend | $0.16 | -- |
| 2014-01-31 | Dividend | $0.16 | +14.29% |
| 2013-10-30 | Dividend | $0.14 | -- |
| 2013-08-01 | Dividend | $0.14 | +7.69% |
| 2013-05-02 | Dividend | $0.13 | -- |
| 2012-11-29 | Dividend | $0.13 | +8.33% |
| 2012-10-01 | Dividend | $0.12 | -- |
| 2012-06-28 | Dividend | $0.12 | -- |
| 2012-04-02 | Dividend | $0.12 | -- |
| 2011-12-29 | Dividend | $0.12 | +6.67% |
| 2011-09-29 | Dividend | $0.11 | -- |
| 2011-06-29 | Dividend | $0.11 | -- |
| 2011-03-31 | Dividend | $0.11 | -- |
| 2010-12-30 | Dividend | $0.11 | -- |
| 2010-09-30 | Dividend | $0.11 | -- |
| 2010-06-29 | Dividend | $0.11 | -- |
| 2010-03-31 | Dividend | $0.11 | -- |
FIBK Dividends vs. Peers
FIBK's dividend yield currently ranks #51 of 63 vs. its peers in the Pacific Regional Banks category.
Looking for More Information on FIBK dividends?
Want to see what other sources are saying about First Interstate Bancsystem Inc's dividends? Try the links below:First Interstate Bancsystem Inc Common Stock (FIBK) Dividend History | Nasdaq
Dividend History for First Interstate Bancsystem Inc (FIBK) - Dividend Investor
First Interstate Bancsystem Inc (FIBK) Dividend History - Seeking Alpha