First Financial Bancorp. (FFBC) To Go Ex-Dividend on June 1st

First Financial Bancorp. (NASDAQ:FFBC) announced a quarterly dividend on Tuesday, April 28th. Shareholders of record on Monday, June 1st will be paid a dividend of 0.25 per share by the bank on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Monday, June 1st.

First Financial Bancorp. has increased its dividend by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 1 years. First Financial Bancorp. has a payout ratio of 36.2% meaning its dividend is sufficiently covered by earnings. Analysts expect First Financial Bancorp. to earn $3.38 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 29.6%.

First Financial Bancorp. Stock Performance

Shares of First Financial Bancorp. stock opened at $30.76 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.32. The business has a 50-day moving average price of $29.39 and a two-hundred day moving average price of $27.75. First Financial Bancorp. has a 1-year low of $22.93 and a 1-year high of $31.38. The company has a market cap of $3.23 billion, a P/E ratio of 10.87 and a beta of 0.94.

About First Financial Bancorp.

First Financial Bancorp (NASDAQ: FFBC) is a bank holding company headquartered in Cincinnati, Ohio, and the parent of First Financial Bank. The company provides a comprehensive suite of commercial and consumer banking services through a network of more than 100 full-service banking centers and mortgage offices across Ohio, Indiana and Kentucky. Its core mission centers on delivering personalized relationship banking to businesses, individuals and public sector clients.

First Financial Bank’s product portfolio includes deposit solutions such as checking, savings and money market accounts, alongside a range of lending offerings that cover commercial and industrial loans, real estate and construction financing, home mortgages and home equity lines of credit.