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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
This means the annual payment is 5.1% of the current stock price, which is above the average for the industry. First Financial Bancorp's Earnings Will Easily Cover The Distributions We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. First Financial Bancorp has a long history of paying out dividends, with its current track record at a minimum of 10 years. Past distributions do not necessarily guarantee future ones, but First Financial Bancorp's payout ratio of 32% is a good sign as this means that earnings decently cover dividends. Over the next 3 years, EPS is forecast to fall by 32.4%. Fortunately, analysts forecast the future payout ratio to be 41% over the same time horizon, which is in the range that makes us comfortable with the sustainability of the dividend. Dividend Volatility The company's dividend history has been marked by instability, with at least one cut in the last 10 years. Since 2013, the dividend has gone from Show less Read more
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