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First Bancorp About To Put More Money In Your Pocket (FNLC)

By Dividend Channel Staff, Wednesday, October 6, 9:58 AM ET
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On 10/8/21, First Bancorp Inc (NASDAQ:FNLC) will trade ex-dividend, for its quarterly dividend of $0.32, payable on 10/22/21. As a percentage of FNLC's recent stock price of $29.81, this dividend works out to approximately 1.07%, so look for shares of First Bancorp Inc to trade 1.07% lower — all else being equal — when FNLC shares open for trading on 10/8/21.

Below is a dividend history chart for FNLC, showing historical dividends prior to the most recent $0.32 declared by First Bancorp Inc:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FNLC is likely to continue, and whether the current estimated yield of 4.29% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FNLC shares, versus its 200 day moving average:

First Bancorp Inc 200 Day Moving Average Chart

Looking at the chart above, FNLC's low point in its 52 week range is $21.10 per share, with $32.63 as the 52 week high point — that compares with a last trade of $29.81.


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In Wednesday trading, First Bancorp Inc shares are currently off about 0.3% on the day.


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