First Financial Co. (THFF) To Go Ex-Dividend on October 1st

by · The Cerbat Gem

First Financial Co. (NASDAQ:THFF – Get Free Report) announced a quarterly dividend on Thursday, September 19th, Zacks reports. Stockholders of record on Tuesday, October 1st will be paid a dividend of 0.45 per share by the bank on Tuesday, October 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date is Tuesday, October 1st.

First Financial has increased its dividend payment by an average of 13.7% annually over the last three years. First Financial has a dividend payout ratio of 35.2% meaning its dividend is sufficiently covered by earnings. Analysts expect First Financial to earn $5.10 per share next year, which means the company should continue to be able to cover its $1.80 annual dividend with an expected future payout ratio of 35.3%.

First Financial Trading Down 0.3 %

Shares of NASDAQ THFF opened at $43.16 on Friday. First Financial has a 1 year low of $31.74 and a 1 year high of $47.00. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a 50-day moving average of $43.35 and a 200 day moving average of $39.38. The stock has a market cap of $509.72 million, a P/E ratio of 9.20 and a beta of 0.47.

First Financial (NASDAQ:THFF – Get Free Report) last released its earnings results on Tuesday, July 23rd. The bank reported $0.96 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.96. The firm had revenue of $70.68 million during the quarter, compared to analyst estimates of $51.95 million. First Financial had a net margin of 18.22% and a return on equity of 9.95%. As a group, sell-side analysts expect that First Financial will post 4.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods increased their target price on First Financial from $43.00 to $45.00 and gave the stock a “market perform” rating in a research note on Thursday, July 25th.

Read Our Latest Report on First Financial

First Financial Company Profile

(Get Free Report)

First Financial Corporation, through its subsidiaries, provides various financial services. The company offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. It also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans.

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