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Stock impact report

First Financial Bancorp (NASDAQ:FFBC) Is Paying Out A Dividend Of $0.23 [Yahoo! Finance]

First Financial Bancorp. (FFBC) 
Last first financial bancorp. earnings: 4/20 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/100255
Company Research Source: Yahoo! Finance
First Financial Bancorp.'s NASDAQ:FFBC ) investors are due to receive a payment of $0.23 per share on 15th of September. This means the dividend yield will be fairly typical at 4.0%. First Financial Bancorp's Payment Expected To Have Solid Earnings Coverage We aren't too impressed by dividend yields unless they can be sustained over time. Having distributed dividends for at least 10 years, First Financial Bancorp has a long history of paying out a part of its earnings to shareholders. Past distributions do not necessarily guarantee future ones, but First Financial Bancorp's payout ratio of 33% is a good sign as this means that earnings decently cover dividends. EPS is set to fall by 12.4% over the next 12 months. But assuming the dividend continues along recent trends, we believe the future payout ratio could be 40%, which we are pretty comfortable with and we think would be feasible on an earnings basis. Dividend Volatility Although the company has a long dividend histor Show less Read more
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