SmarterDividends
FBP

First BanCorp.

FBP

Financial Services · Banks - Regional · Stock · quarterly payer

$27.37

Undervalued · +45% Add to Portfolio

Forward Yield

2.92%

Annual Dividend

$0.80

Payout Ratio

32%

5-Yr Growth

29.2%

Ex-Date

Aug 27, 2026

Frequency

Quarterly

Key facts about FBP's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, First BanCorp. (FBP) has a forward dividend yield of 2.92%, based on an annual dividend of $0.80 per share and a share price of $27.37.
  • As of Oct 18, 2026, FBP's dividend safety grade from SmarterDividends is B (73 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, First BanCorp. (FBP) has raised its dividend for 6 consecutive years as of Oct 18, 2026.
  • FBP last cut its regular dividend in 2019.
  • FBP's most recent ex-dividend date was Aug 27, 2026, for a dividend of $0.20 per share.
  • As of Oct 18, 2026, FBP pays out 32% of its trailing 12-month earnings as dividends (its payout ratio).
  • FBP's dividend has grown at an average rate of 29.2% a year over the past five years.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for FBP is $39.77 per share, 45% above the $27.37 share price, so FBP screens as undervalued.
  • First BanCorp. (FBP) pays its dividend quarterly, 4 times a year.
  • First BanCorp. (FBP) has raised its regular dividend 18 times and cut it 0 times across the 91 payments on record since 1988. Its most recent change was a 11.1% increase to $0.200 per share, going ex-dividend on Feb 26, 2026.
Cite this page

SmarterDividends, "FBP Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/FBP

Summary

As of Oct 18, 2026, First BanCorp. (FBP) yields 2.92% ($0.80 a year per share), has a dividend safety grade of B (73/100) and has 6 consecutive years of dividend increases on record.

Is FBP a good dividend stock?

Yes, with caveats

First BanCorp. (FBP) pays a quarterly dividend yielding 2.92% ($0.80/yr), with 6 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (32%)
  • Strong 29.2% 5-yr dividend growth
  • 106% total price return over 5 years

Risks

  • Cut its dividend in 2019

Key Data

Dividend Yield
2.92%
Payout Ratio
32%
Annual Dividend
$0.80
5-Yr Avg Growth
29.2%
Ex-Dividend Date
Aug 27, 2026
Years of Growth
6
Frequency
quarterly
Beta
0.83
Market Cap
$4.2B
P/E Ratio
11.5
5-Yr Total Return
106%
52-Week Range
$19.16 – $29.88
Dividend Safety
B · 73/100
Ever Cut?
Yes (2019)

FBP dividend raises and cuts

First BanCorp. (FBP) has raised its regular dividend 18 times and cut it 0 times across the 91 payments on record since 1988. Its most recent change was a 11.1% increase to $0.200 per share, going ex-dividend on Feb 26, 2026.

Ex-dateChangeOld → newMove
Feb 26, 2026Raise$0.180 → $0.200+11.1%
Feb 21, 2025Raise$0.160 → $0.180+12.5%
Feb 22, 2024Raise$0.140 → $0.160+14.3%
Feb 23, 2023Raise$0.120 → $0.140+16.7%
May 24, 2022Raise$0.100 → $0.120+20.0%
Nov 24, 2021Raise$0.0700 → $0.100+42.9%
Feb 25, 2021Raise$0.0500 → $0.0700+40.0%
Nov 27, 2019Raise$0.0300 → $0.0500+66.7%
Mar 11, 2005Raise$0.900 → $1.05+16.7%
Mar 11, 2004Raise$0.825 → $0.900+9.1%
Mar 12, 2003Raise$0.750 → $0.825+10.0%
Mar 13, 2002Raise$0.650 → $0.750+15.4%
Show all 18 changes since 1996
Ex-dateChangeOld → newMove
Mar 13, 2001Raise$0.550 → $0.650+18.2%
Mar 13, 2000Raise$0.450 → $0.550+22.2%
Mar 11, 1999Raise$0.375 → $0.450+20.0%
Mar 11, 1998Raise$0.300 → $0.375+25.0%
Mar 12, 1997Raise$0.250 → $0.300+20.0%
Mar 13, 1996Raise$0.200 → $0.250+25.0%
Every FBP payment →Download every raise and cut (CSV)
FBP ex-dividend date & scheduleNext ex-date Aug 27, 2026 · full ex-dividend historyView →FBP dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is FBP a good dividend stock?

Yes, with caveats. First BanCorp. (FBP) pays a quarterly dividend yielding 2.92% ($0.80/yr), with 6 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is FBP undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FBP's fair value is about $39.77 versus a $27.37 share price — so it looks undervalued (+45% vs. fair value).

Is FBP's dividend safe?

FBP has a dividend-safety grade of B (73/100), based on its payout coverage, free-cash-flow, 6-year growth streak, a dividend cut in 2019, debt and yield-versus-history.

What is FBP's fair value?

Our blended fair-value estimate for FBP is about $39.77 per share, roughly 45% above the current $27.37 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is FBP a buy, hold, or sell?

We don't issue formal ratings, but on the data FBP screens as "yes, with caveats" and undervalued. First BanCorp. (FBP) pays a quarterly dividend yielding 2.92% ($0.80/yr), with 6 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will FBP cut its dividend?

FBP earns a dividend-safety grade of B (73/100), and has cut its dividend before (last in 2019). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does FBP pay a dividend?

Yes. First BanCorp. pays a quarterly dividend of about $0.80 per share annually, a forward yield of roughly 2.92%.

What is FBP's dividend yield?

As of Oct 18, 2026, FBP's forward dividend yield is 2.92%, based on a $0.80 annual dividend and a $27.37 share price.

What is FBP's dividend per share?

As of Oct 18, 2026, FBP pays $0.80 per share per year, distributed on a quarterly basis.

What is FBP's dividend payout ratio?

As of Oct 18, 2026, FBP's payout ratio is 32% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has FBP grown its dividend?

As of Oct 18, 2026, FBP has increased its dividend for 6 consecutive years.

When is the next FBP ex-dividend date?

As of Oct 18, 2026, FBP's next ex-dividend date hasn't been announced. The most recent was Aug 27, 2026, for $0.20 per share.

Income Calculator

At $0.80 / yr per share

Per payment (quarterly)$20.00
Annual$80.00
Monthly avg$6.67

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