First Bancorp, Inc (ME) (FNLC) Dividends
Dividend Yield and Dividend History Highlights
- Over the past six years, FNLC has issued more dividends than 25.75% of other dividend-issuing US stocks.
- Regarding free cash flow variation: FNLC reports less variability in its cash flow than 93.58% of dividend stocks in our set.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with FNLC that may be suitable potential portfolio mates: ENIA, NJDCY, UGP, AAON and CELP.
FNLC Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $28.74 | $58.9 | 93.74% |
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 FNLC, the dividend discount model StockNews created for the company implies a positive return of 93.74%. Digging deeper, the aspects of First Bancorp Inc's dividend discount model that we found most interesting were:
- Compared to other US stocks that pay a dividend, First Bancorp Inc's dividend yield of 4.21% is in the top 18.28%.
- In comparison to other US listed dividend yielding stocks in the Financial Services sector, the expected return of 93.74%, based on the stock's current share price and target price based on a dividend discount model, is greater than 73.01% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, First Bancorp Inc bears a discount rate, according to our calculations, lower than 73.01% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- A stock's beta generally indicates its volatility relative to the broader equity market; as for FNLC, approximately 68.02% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
FNLC Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-10-08 | Dividend | $0.36 | -- |
| 2024-07-09 | Dividend | $0.36 | +2.86% |
| 2024-04-08 | Dividend | $0.35 | -- |
| 2024-01-05 | Dividend | $0.35 | -- |
| 2023-10-06 | Dividend | $0.35 | -- |
| 2023-07-07 | Dividend | $0.35 | +2.94% |
| 2023-04-06 | Dividend | $0.34 | -- |
| 2023-01-06 | Dividend | $0.34 | -- |
| 2022-10-04 | Dividend | $0.34 | -- |
| 2022-07-08 | Dividend | $0.34 | +6.25% |
| 2022-04-08 | Dividend | $0.32 | -- |
| 2022-01-07 | Dividend | $0.32 | -- |
| 2021-10-08 | Dividend | $0.32 | -- |
| 2021-07-07 | Dividend | $0.32 | +3.23% |
| 2021-04-05 | Dividend | $0.31 | -- |
| 2021-01-05 | Dividend | $0.31 | -- |
| 2020-10-05 | Dividend | $0.31 | -- |
| 2020-07-06 | Dividend | $0.31 | +3.33% |
| 2020-04-08 | Dividend | $0.30 | -- |
| 2020-01-06 | Dividend | $0.30 | -- |
| 2019-10-04 | Dividend | $0.30 | -- |
| 2019-07-09 | Dividend | $0.30 | +3.45% |
| 2019-04-09 | Dividend | $0.29 | -- |
| 2019-01-10 | Dividend | $0.29 | -- |
| 2018-10-05 | Dividend | $0.29 | -- |
| 2018-07-06 | Dividend | $0.29 | +20.83% |
| 2018-04-04 | Dividend | $0.24 | -- |
| 2018-01-05 | Dividend | $0.24 | -- |
| 2017-10-12 | Dividend | $0.24 | -- |
| 2017-07-06 | Dividend | $0.24 | +4.35% |
| 2017-04-04 | Dividend | $0.23 | -34.29% |
| 2017-01-04 | Dividend | $0.35 | +52.17% |
| 2016-10-03 | Dividend | $0.23 | -- |
| 2016-07-01 | Dividend | $0.23 | +4.55% |
| 2016-04-04 | Dividend | $0.22 | -- |
| 2016-01-05 | Dividend | $0.22 | -- |
| 2015-10-01 | Dividend | $0.22 | -- |
| 2015-07-01 | Dividend | $0.22 | +4.76% |
| 2015-04-01 | Dividend | $0.21 | -- |
| 2014-12-29 | Dividend | $0.21 | -- |
| 2014-10-02 | Dividend | $0.21 | -- |
| 2014-07-02 | Dividend | $0.21 | +5.00% |
| 2014-04-02 | Dividend | $0.20 | -- |
| 2014-01-02 | Dividend | $0.20 | +2.56% |
| 2013-10-03 | Dividend | $0.20 | -- |
| 2013-07-03 | Dividend | $0.20 | -- |
| 2013-04-03 | Dividend | $0.20 | -- |
| 2013-01-03 | Dividend | $0.20 | -- |
| 2012-10-03 | Dividend | $0.20 | -- |
| 2012-07-03 | Dividend | $0.20 | -- |
| 2012-04-03 | Dividend | $0.20 | -- |
| 2012-01-04 | Dividend | $0.20 | -- |
| 2011-10-03 | Dividend | $0.20 | -- |
| 2011-07-01 | Dividend | $0.20 | -- |
| 2011-04-04 | Dividend | $0.20 | -- |
| 2011-01-04 | Dividend | $0.20 | -- |
| 2010-10-04 | Dividend | $0.20 | -- |
| 2010-07-01 | Dividend | $0.20 | -- |
| 2010-03-31 | Dividend | $0.20 | -- |
| 2010-01-05 | Dividend | $0.20 | -- |
| 2009-10-01 | Dividend | $0.20 | -- |
| 2009-07-01 | Dividend | $0.20 | -- |
| 2009-04-02 | Dividend | $0.20 | -- |
| 2008-12-31 | Dividend | $0.20 | -- |
| 2008-10-02 | Dividend | $0.20 | +2.63% |
| 2008-07-02 | Dividend | $0.19 | +2.70% |
| 2008-04-03 | Dividend | $0.19 | +2.78% |
| 2008-01-03 | Dividend | $0.18 | +2.86% |
| 2007-10-04 | Dividend | $0.18 | +2.94% |
| 2007-07-05 | Dividend | $0.17 | +3.03% |
| 2007-04-04 | Dividend | $0.17 | +3.13% |
| 2007-01-04 | Dividend | $0.16 | +3.23% |
| 2006-10-04 | Dividend | $0.16 | +3.33% |
| 2006-07-05 | Dividend | $0.15 | +3.45% |
| 2006-04-05 | Dividend | $0.15 | +3.57% |
| 2006-01-05 | Dividend | $0.14 | +3.70% |
| 2005-10-05 | Dividend | $0.14 | +3.85% |
| 2005-07-06 | Dividend | $0.13 | +4.00% |
| 2005-04-06 | Dividend | $0.13 | +4.17% |
| 2005-01-05 | Dividend | $0.12 | +4.35% |
| 2004-10-06 | Dividend | $0.12 | +4.55% |
| 2004-07-07 | Dividend | $0.11 | +6.45% |
| 2004-06-02 | Split | 3-1-for-1 Stock Split | N/A |
| 2004-04-06 | Dividend | $0.31 | +3.33% |
| 2004-01-07 | Dividend | $0.30 | +3.45% |
| 2003-10-07 | Dividend | $0.29 | +3.57% |
| 2003-07-03 | Dividend | $0.28 | +3.70% |
| 2003-04-03 | Dividend | $0.27 | +3.85% |
| 2003-01-02 | Dividend | $0.26 | +4.00% |
| 2002-10-03 | Dividend | $0.25 | +4.17% |
| 2002-07-02 | Dividend | $0.24 | +4.35% |
| 2002-04-10 | Dividend | $0.23 | +4.55% |
| 2002-01-03 | Dividend | $0.22 | +4.76% |
| 2001-10-03 | Dividend | $0.21 | +5.00% |
| 2001-07-03 | Dividend | $0.20 | +5.26% |
| 2001-03-29 | Dividend | $0.19 | +5.56% |
| 2000-12-28 | Dividend | $0.18 | +5.88% |
| 2000-10-03 | Dividend | $0.17 | +6.25% |
| 2000-06-28 | Dividend | $0.16 | +6.67% |
| 2000-04-03 | Dividend | $0.15 | +7.14% |
| 1999-12-29 | Dividend | $0.14 | +7.69% |
| 1999-09-28 | Dividend | $0.13 | -- |
FNLC Dividends vs. Peers
FNLC's dividend yield currently ranks #97 of 111 vs. its peers in the Northeast Regional Banks category.
Looking for More Information on FNLC dividends?
Want to do more research on First Bancorp Inc's dividends? Try the links below:First Bancorp Inc Common Stock (FNLC) Dividend History | Nasdaq
Dividend History for First Bancorp Inc (FNLC) - Dividend Investor
First Bancorp Inc (FNLC) Dividend History - Seeking Alpha