Bank First Raises Quarterly Dividend by 10%

Bank First Corporation (BFC) raised its quarterly dividend to $0.55 per share from $0.50, a 10% increase, with the shares trading ex-dividend on June 24, 2026.

The move extends Bank First's dividend growth streak to 12 consecutive years. Based on the locked dividend data, the company has an annual dividend per share of $1.95 and a forward annual yield of 1.32% at a share price of $147.81.

Company context

Bank First is a financial services company with a market capitalization of $1.66 billion. The company is based in Manitowoc, Wisconsin, according to an Associated Press earnings brief on Bank First Corporation. The company trades under the ticker BFC and is covered as a public company in SEC-related filing notices, including a MarketWatch report on a Bank First Form 8-K filing.

For banks, dividend increases are typically watched as a signal of capital confidence, because boards must balance shareholder returns against regulatory capital requirements, credit risk, funding costs and loan-growth opportunities. Bank First's latest increase comes against the backdrop of a long-running payout-growth record, with the new dividend representing the 12th straight year of increases.

The company's dividend safety score is 88 out of 100, with an A safety grade, according to the locked facts for this dividend event. There is no prior dividend cut year listed in the locked data.

What it means for income investors

For income-focused shareholders, the practical change is straightforward: Bank First's quarterly cash payout is higher than the prior rate, and the ex-dividend date determines which shareholders are eligible for the next distribution tied to this event. The 1.32% forward annual yield remains modest compared with many higher-yielding financial stocks, but the 12-year growth record gives the increase added relevance for investors tracking dividend consistency.

The increase does not, by itself, speak to valuation or future share performance. It does indicate that Bank First's board approved a higher recurring quarterly payout while maintaining an A dividend safety grade in the locked data.