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Empowering Shareholders with Growth: First Bancshares Enhances Performance and Reports Rising Profits

Author: Benzinga Insights | August 24, 2023 11:06am

Today, August 24, 2023, First Bancshares (NASDAQ:FBMS) will distribute a dividend payout of $0.23 per share, highlighting an annualized dividend yield of 3.13%. Shareholders who owned the stock before the ex-dividend date on August 07, 2023 will be eligible for this payout.

First Bancshares Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-08-07 4 $0.23 3.13% 2023-07-26 2023-08-08 2023-08-24
2023-05-05 4 $0.22 3.82% 2023-04-26 2023-05-08 2023-05-24
2023-02-07 4 $0.21 2.77% 2023-01-25 2023-02-08 2023-02-24
2022-11-07 4 $0.2 2.53% 2022-10-27 2022-11-08 2022-11-25
2022-08-05 4 $0.19 2.56% 2022-07-27 2022-08-08 2022-08-25
2022-05-09 4 $0.18 2.19% 2022-04-26 2022-05-10 2022-05-25
2022-02-09 4 $0.17 1.78% 2022-01-25 2022-02-10 2022-02-25
2021-11-09 4 $0.16 1.61% 2021-10-25 2021-11-10 2021-11-26
2021-08-09 4 $0.15 1.62% 2021-07-26 2021-08-10 2021-08-25
2021-05-07 4 $0.14 1.51% 2021-04-21 2021-05-10 2021-05-25
2021-02-09 4 $0.13 1.63% 2021-01-26 2021-02-10 2021-02-25
2020-11-09 4 $0.12 1.92% 2020-10-26 2020-11-10 2020-11-24

With a dividend yield that places it neither at the top nor the bottom, First Bancshares finds itself in the middle among its industry peers, while Eagle Bancorp (NASDAQ:EGBN) boasts the highest annualized dividend yield at 7.48%.

Analyzing First Bancshares Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $0.31 to $0.74, indicating the company's dedication to enhancing shareholder value through increased dividends.

YoY Earnings Growth For First Bancshares

earning chart graph

The earnings chart above shows that from 2019 to 2022, First Bancshares has experienced an increase in their earnings from $2.71 per share to $3.13 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.

Recap

This article delves into the recent dividend payout of First Bancshares and its implications for shareholders. Presently, the company is distributing a dividend of $0.23 per share, leading to an annualized dividend yield of 3.13%.

With a dividend yield that places it neither at the top nor the bottom, First Bancshares finds itself in the middle among its industry peers, while Eagle Bancorp boasts the highest annualized dividend yield at 7.48%.

The increase in both dividend per share and earnings per share from 2019 to 2022 for First Bancshares indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.

Investors are advised to closely monitor the company's performance in the upcoming quarters to stay informed about any fluctuations in financials or dividend disbursements.

[Click here](https://www.compensationrecovery.com/symbol//dividends) to find details on First Bancshares's previous dividends.

To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: EGBN FBMS

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