First Bancorp, Inc (ME) (FNLC) Dividends
Dividend Yield and Dividend History Highlights
FNLC Price Forecast Based on Dividend Discount Model
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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 FNLC, the DDM model generated by StockNews estimates a return of positive 4.67% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for First Bancorp Inc are:
- Compared to other US stocks that pay a dividend, First Bancorp Inc produces a dividend yield 5.04% -- which falls in the top 15.81%.
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, the expected return of 4.67%, based on the stock's current share price and target price based on a dividend discount model, is greater than 71.46% 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 71.46% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- In comparison to other dividend stocks in the Financial Services sector, FNLC is growing its dividends at a faster rate than about 33.64% of them.
FNLC Dividend Chart
FNLC Dividend History
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