First Hawaiian, Inc.
FHBFinancial Services · Stock · quarterly payer
Forward Yield
3.76%
Annual Dividend
$1.04
Payout Ratio
45%
5-Yr Growth
0.0%
Ex-Date
Aug 17, 2026
Frequency
Quarterly
Summary
As of August 2026, First Hawaiian, Inc. (FHB) yields 3.76% ($1.04 per share annually), with a blended fair-value estimate of $49.80 — +80% upside, so it screens as undervalued. Dividend safety grade: A (86/100).
Is FHB a good dividend stock?
YesFirst Hawaiian, Inc. (FHB) pays a quarterly dividend yielding 3.76% ($1.04/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (45%)
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.76%
- Payout Ratio
- 45%
- Annual Dividend
- $1.04
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Aug 17, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.72
- Market Cap
- $3.4B
- P/E Ratio
- 12.0
- 5-Yr Total Return
- -6%
- 52-Week Range
- $22.65 – $30.58
- Dividend Safety
- A · 86/100
- Ever Cut?
- No
Frequently Asked Questions
FHB Price — Last 12 Months
Daily close
Price Return
1 Year
+7%
3 Years
+53%
5 Years
-6%
52-Week Range
$22.65 – $30.58
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FHB worth?
Undervaluedlow confidenceOur blended fair-value estimate for First Hawaiian, Inc. is $49.80 per share, versus a market price of $27.66. That implies 80% of upside — a margin of safety of about 44%.
Fair Value
$49.80
Current Price
$27.66
Upside
+80%
Margin of Safety
44%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 8.3% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.9% discount rate (CAPM), 8.3% stage-1 growth, 2.5% terminal growth, $2.30 EPS, $1.04 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FHB Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 18, 2026 | — | $0.2600 | regular |
| Feb 13, 2026 | — | $0.2600 | regular |
| Nov 17, 2025 | — | $0.2600 | regular |
| Aug 18, 2025 | — | $0.2600 | regular |
| May 19, 2025 | — | $0.2600 | regular |
| Feb 14, 2025 | — | $0.2600 | regular |
| Nov 18, 2024 | — | $0.2600 | regular |
| Aug 19, 2024 | — | $0.2600 | regular |
| May 17, 2024 | — | $0.2600 | regular |
| Feb 15, 2024 | — | $0.2600 | regular |
| Nov 17, 2023 | — | $0.2600 | regular |
| Aug 18, 2023 | — | $0.2600 | regular |
| May 19, 2023 | — | $0.2600 | regular |
| Feb 16, 2023 | — | $0.2600 | regular |
Income Calculator
At $1.04 / yr per share
