
First Bancorp (FNLC) Dividend
The First Bancorp, Inc. · Financial Services · Banks - Regional · quarterly payer
As of Nov 8, 2026, First Bancorp (FNLC) pays a quarterly dividend of $0.38 per share, or $1.52 a year, a 4.17% yield at its $36.41 share price. It pays every quarter, usually in January, April, July and October. It has raised its dividend 7 years in a row and has a dividend safety grade of A.
Forward Yield
4.17%
Annual Dividend
$1.52
Payout Ratio
43%
5-Yr Growth
3.7%
Ex-Date
Oct 6, 2026
Frequency
Quarterly
Key facts about FNLC's dividend
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, The First Bancorp, Inc. (FNLC) has a forward dividend yield of 4.17%, based on an annual dividend of $1.52 per share and a share price of $36.41.
- As of Nov 8, 2026, FNLC's dividend safety grade from SmarterDividends is A (95 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, The First Bancorp, Inc. (FNLC) has raised its dividend for 7 consecutive years as of Nov 8, 2026.
- FNLC has never cut its regular dividend in the payment history SmarterDividends has on record.
- FNLC's most recent ex-dividend date was Oct 6, 2026, for a dividend of $0.38 per share.
- As of Nov 8, 2026, FNLC pays out 43% of its trailing 12-month earnings as dividends (its payout ratio).
- FNLC's dividend has grown at an average rate of 3.7% a year over the past five years.
- As of Nov 8, 2026, FNLC's 4.17% yield is 18% below its five-year average yield of 5.07%.
- As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for FNLC is $39.59 per share, 9% above the $36.41 share price, so FNLC screens as fairly valued.
- The First Bancorp, Inc. (FNLC) pays its dividend quarterly, 4 times a year.
- The First Bancorp, Inc. (FNLC) has raised its regular dividend 50 times and cut it 0 times across the 109 payments on record since 1999. Its most recent change was a 2.7% increase to $0.380 per share, going ex-dividend on Jul 7, 2026.
- First Bancorp (FNLC) has declared its first higher dividend of the year in June in 5 of the last 5 years; its most recent raise, 2.7%, was declared on Jun 25, 2026.
Cite this page
SmarterDividends, "FNLC Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/FNLC
Is FNLC a good dividend stock?
YesThe First Bancorp, Inc. (FNLC) pays a quarterly dividend yielding 4.17% ($1.52/yr), with 7 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 (43%)
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 4.17%
- Payout Ratio
- 43%
- Annual Dividend
- $1.52
- 5-Yr Avg Growth
- 3.7%
- Ex-Dividend Date
- Oct 6, 2026
- Years of Growth
- 7
- Frequency
- quarterly
- Beta
- 0.48
- Market Cap
- $411.1M
- P/E Ratio
- 10.4
- 5-Yr Total Return
- 20%
- 52-Week Range
- $24.63 – $37.61
- Dividend Safety
- A · 95/100
- Ever Cut?
- No
FNLC dividend raises and cuts
The First Bancorp, Inc. (FNLC) has raised its regular dividend 50 times and cut it 0 times across the 109 payments on record since 1999. Its most recent change was a 2.7% increase to $0.380 per share, going ex-dividend on Jul 7, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jul 7, 2026 | Raise | $0.370 → $0.380 | +2.7% |
| Jul 8, 2025 | Raise | $0.360 → $0.370 | +2.8% |
| Jul 9, 2024 | Raise | $0.350 → $0.360 | +2.9% |
| Jul 7, 2023 | Raise | $0.340 → $0.350 | +2.9% |
| Jul 8, 2022 | Raise | $0.320 → $0.340 | +6.3% |
| Jul 7, 2021 | Raise | $0.310 → $0.320 | +3.2% |
| Jul 6, 2020 | Raise | $0.300 → $0.310 | +3.3% |
| Jul 9, 2019 | Raise | $0.290 → $0.300 | +3.4% |
| Jul 6, 2018 | Raise | $0.240 → $0.290 | +20.8% |
| Jul 6, 2017 | Raise | $0.230 → $0.240 | +4.3% |
| Jul 1, 2016 | Raise | $0.220 → $0.230 | +4.5% |
| Jul 1, 2015 | Raise | $0.210 → $0.220 | +4.8% |
Show all 50 changes since 1999
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jul 2, 2014 | Raise | $0.200 → $0.210 | +5.0% |
| Jan 2, 2014 | Raise | $0.195 → $0.200 | +2.6% |
| Oct 2, 2008 | Raise | $0.190 → $0.195 | +2.6% |
| Jul 2, 2008 | Raise | $0.185 → $0.190 | +2.7% |
| Apr 3, 2008 | Raise | $0.180 → $0.185 | +2.8% |
| Jan 3, 2008 | Raise | $0.175 → $0.180 | +2.9% |
| Oct 4, 2007 | Raise | $0.170 → $0.175 | +2.9% |
| Jul 5, 2007 | Raise | $0.165 → $0.170 | +3.0% |
| Apr 4, 2007 | Raise | $0.160 → $0.165 | +3.1% |
| Jan 4, 2007 | Raise | $0.155 → $0.160 | +3.2% |
| Oct 4, 2006 | Raise | $0.150 → $0.155 | +3.3% |
| Jul 5, 2006 | Raise | $0.145 → $0.150 | +3.4% |
| Apr 5, 2006 | Raise | $0.140 → $0.145 | +3.6% |
| Jan 5, 2006 | Raise | $0.135 → $0.140 | +3.7% |
| Oct 5, 2005 | Raise | $0.130 → $0.135 | +3.8% |
| Jul 6, 2005 | Raise | $0.125 → $0.130 | +4.0% |
| Apr 6, 2005 | Raise | $0.120 → $0.125 | +4.2% |
| Jan 5, 2005 | Raise | $0.115 → $0.120 | +4.3% |
| Oct 6, 2004 | Raise | $0.110 → $0.115 | +4.5% |
| Jul 7, 2004 | Raise | $0.103 → $0.110 | +6.5% |
| Apr 6, 2004 | Raise | $0.100 → $0.103 | +3.3% |
| Jan 7, 2004 | Raise | $0.0967 → $0.100 | +3.4% |
| Oct 7, 2003 | Raise | $0.0933 → $0.0967 | +3.6% |
| Jul 3, 2003 | Raise | $0.0900 → $0.0933 | +3.7% |
| Apr 3, 2003 | Raise | $0.0867 → $0.0900 | +3.8% |
| Jan 2, 2003 | Raise | $0.0833 → $0.0867 | +4.0% |
| Oct 3, 2002 | Raise | $0.0800 → $0.0833 | +4.2% |
| Jul 2, 2002 | Raise | $0.0767 → $0.0800 | +4.3% |
| Apr 10, 2002 | Raise | $0.0733 → $0.0767 | +4.5% |
| Jan 3, 2002 | Raise | $0.0700 → $0.0733 | +4.8% |
| Oct 3, 2001 | Raise | $0.0667 → $0.0700 | +5.0% |
| Jul 3, 2001 | Raise | $0.0633 → $0.0667 | +5.3% |
| Mar 29, 2001 | Raise | $0.0600 → $0.0633 | +5.6% |
| Dec 28, 2000 | Raise | $0.0567 → $0.0600 | +5.9% |
| Oct 3, 2000 | Raise | $0.0533 → $0.0567 | +6.3% |
| Jun 28, 2000 | Raise | $0.0500 → $0.0533 | +6.7% |
| Apr 3, 2000 | Raise | $0.0467 → $0.0500 | +7.1% |
| Dec 29, 1999 | Raise | $0.0433 → $0.0467 | +7.7% |
Frequently Asked Questions
Is FNLC a good dividend stock?
Yes. The First Bancorp, Inc. (FNLC) pays a quarterly dividend yielding 4.17% ($1.52/yr), with 7 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is FNLC undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FNLC's fair value is about $39.59 versus a $36.41 share price — so it looks fairly valued (+9% vs. fair value).
Is FNLC's dividend safe?
FNLC has a dividend-safety grade of A (95/100), based on its payout coverage, free-cash-flow, 7-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is FNLC's fair value?
Our blended fair-value estimate for FNLC is about $39.59 per share, roughly 9% above the current $36.41 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is FNLC a buy, hold, or sell?
We don't issue formal ratings, but on the data FNLC screens as "yes" and fairly valued. The First Bancorp, Inc. (FNLC) pays a quarterly dividend yielding 4.17% ($1.52/yr), with 7 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will FNLC cut its dividend?
FNLC earns a dividend-safety grade of A (95/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does FNLC pay a dividend?
Yes. The First Bancorp, Inc. pays a quarterly dividend of about $1.52 per share annually, a forward yield of roughly 4.17%.
How much dividend does 100 shares of FNLC pay?
At $1.52 per share a year, 100 shares of FNLC pay $152.00 a year in dividends before tax, about $38.00 each quarter. Buying them costs about $3,641 at the Nov 8, 2026 price.
What is FNLC's dividend yield?
As of Nov 8, 2026, FNLC's forward dividend yield is 4.17%, based on a $1.52 annual dividend and a $36.41 share price.
What is FNLC's dividend per share?
As of Nov 8, 2026, FNLC pays $1.52 per share per year, distributed on a quarterly basis.
What is FNLC's dividend payout ratio?
As of Nov 8, 2026, FNLC's payout ratio is 43% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has FNLC grown its dividend?
As of Nov 8, 2026, FNLC has increased its dividend for 7 consecutive years.
When is the next FNLC ex-dividend date?
As of Nov 8, 2026, FNLC's next ex-dividend date hasn't been announced. The most recent was Oct 6, 2026, for $0.38 per share.
FNLC Price — Last 12 Months
Daily close
Price Return
1 Year
+42%
3 Years
+46%
5 Years
+20%
52-Week Range
$24.63 – $37.61
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FNLC worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for The First Bancorp, Inc. is $39.59 per share, versus a market price of $36.41. That implies the stock is roughly fairly priced.
Fair Value
$39.59
Current Price
$36.41
Gap
+9%
Margin of Safety
8%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 3.7% growth for five years fading to 2.5% over the next five, $3.50 EPS, $1.52 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FNLC 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
Full FNLC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 6, 2026 | Oct 16, 2026 | $0.3800 | regular |
| Jul 7, 2026 | Jul 17, 2026 | $0.3800 | regular |
| Apr 7, 2026 | Apr 17, 2026 | $0.3700 | regular |
| Jan 6, 2026 | Jan 16, 2026 | $0.3700 | regular |
| Oct 6, 2025 | Oct 16, 2025 | $0.3700 | regular |
| Jul 8, 2025 | Jul 18, 2025 | $0.3700 | regular |
| Apr 8, 2025 | Apr 18, 2025 | $0.3600 | regular |
| Jan 6, 2025 | Jan 16, 2025 | $0.3600 | regular |
| Oct 8, 2024 | Oct 18, 2024 | $0.3600 | regular |
| Jul 9, 2024 | Jul 19, 2024 | $0.3600 | regular |
| Apr 8, 2024 | Apr 19, 2024 | $0.3500 | regular |
| Jan 5, 2024 | Jan 19, 2024 | $0.3500 | regular |
| Oct 6, 2023 | Oct 20, 2023 | $0.3500 | regular |
| Jul 7, 2023 | Jul 20, 2023 | $0.3500 | regular |
Income Calculator
At $1.52 / yr per share
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