First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E
FCNCNStock · quarterly payer
Forward Yield
4.46%
Annual Dividend
$1.01
Payout Ratio
—
5-Yr Growth
—
Ex-Date
—
Frequency
Quarterly
Key facts about FCNCN's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E (FCNCN) has a forward dividend yield of 4.46%, based on an annual dividend of $1.01 per share and a share price of $22.70.
- FCNCN has never cut its regular dividend in the payment history SmarterDividends has on record.
- FCNCN's most recent ex-dividend date was Aug 31, 2026, for a dividend of $0.41 per share.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for FCNCN is $23.18 per share, 2% above the $22.70 share price, so FCNCN screens as fairly valued.
- First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E (FCNCN) pays its dividend quarterly, 4 times a year.
- First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E (FCNCN) has raised its regular dividend 0 times and cut it 0 times across the 2 payments on record since 2026. The regular dividend has not changed in that time.
Cite this page
SmarterDividends, "FCNCN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/FCNCN
Summary
As of Oct 18, 2026, First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E (FCNCN) yields 4.46% ($1.01 a year per share).
Is FCNCN a good dividend stock?
MixedFirst Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E (FCNCN) pays a quarterly dividend yielding 4.46% ($1.01/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Never cut its dividend on record
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 4.46%
- Payout Ratio
- —
- Annual Dividend
- $1.01
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- —
- 52-Week Range
- $22.45 – $25.64
- Dividend Safety
- —
- Ever Cut?
- No
FCNCN dividend raises and cuts
First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E (FCNCN) has raised its regular dividend 0 times and cut it 0 times across the 2 payments on record since 2026. The regular dividend has not changed in that time.
Frequently Asked Questions
Is FCNCN a good dividend stock?
Mixed. First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E (FCNCN) pays a quarterly dividend yielding 4.46% ($1.01/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is FCNCN undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FCNCN's fair value is about $23.18 versus a $22.70 share price — so it looks fairly valued (+2% vs. fair value).
What is FCNCN's fair value?
Our blended fair-value estimate for FCNCN is about $23.18 per share, roughly 2% above the current $22.70 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is FCNCN a buy, hold, or sell?
We don't issue formal ratings, but on the data FCNCN screens as "mixed" and fairly valued. First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E (FCNCN) pays a quarterly dividend yielding 4.46% ($1.01/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Does FCNCN pay a dividend?
Yes. First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E pays a quarterly dividend of about $1.01 per share annually, a forward yield of roughly 4.46%.
What is FCNCN's dividend yield?
As of Oct 18, 2026, FCNCN's forward dividend yield is 4.46%, based on a $1.01 annual dividend and a $22.70 share price.
What is FCNCN's dividend per share?
As of Oct 18, 2026, FCNCN pays $1.01 per share per year, distributed on a quarterly basis.
How many years has FCNCN grown its dividend?
FCNCN does not currently have a long dividend-growth streak on record.
When is the next FCNCN ex-dividend date?
As of Oct 18, 2026, FCNCN's next ex-dividend date hasn't been announced. The most recent was Aug 31, 2026, for $0.41 per share.
FCNCN Price — Last 12 Months
Daily close
Price Return
1 Year
—
3 Years
—
5 Years
—
52-Week Range
$22.45 – $25.64
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FCNCN worth?
Fairly valuedlow confidenceOur blended fair-value estimate for First Citizens BancShares, Inc. Depositary Shares, each representing a 1/40th interest in a share of 6.625% Non-Cumulative Perpetual Preferred Stock, Series E is $23.18 per share, versus a market price of $22.70. That implies the stock is roughly fairly priced.
Fair Value
$23.18
Current Price
$22.70
Gap
+2%
Margin of Safety
2%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $1.01 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
Dividend History
Full FCNCN dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 31, 2026 | Sep 15, 2026 | $0.4140 | regular |
| May 29, 2026 | Jun 15, 2026 | $0.5980 | regular |
Income Calculator
At $1.01 / yr per share
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