First Community Bank Boosts Dividend 3.2% to $0.16, Delivers 2.14% Yield
First Community Bank offers a $0.16 quarterly dividend (annualized $0.64), up 3.2% year-over-year, and yields 2.14% versus a 1.98% Southeast bank industry average and a 1.39% S&P 500 yield. With a 25% payout ratio and consensus EPS of $2.98 for fiscal 2026 (up 13.7%), dividend growth remains supported.
1. Dividend Profile
First Community Bank pays a quarterly dividend of $0.16 per share, for an annualized $0.64 payment, representing a 2.14% yield versus a 1.98% industry average for Southeast banks and a 1.39% yield on the S&P 500.
2. Historical Growth
The company has raised its annual dividend three times over the past five years, achieving an average annual increase of 5.74%, and last year’s annualized payout rose 3.2% from $0.62 to $0.64, supported by a conservative 25% payout ratio.
3. Earnings Outlook
Consensus estimates project earnings per share of $2.98 for fiscal 2026, reflecting a 13.74% increase year-over-year, which underpins the bank’s capacity for future dividend growth.
4. Investment Considerations
With modest stock price gains of 0.91% year-to-date and a mid-range analyst ranking, investors should weigh the stable dividend yield against potential pressure from rising interest rates and broader banking sector trends.