First Community Corporation (FCCO) To Go Ex-Dividend on November 3rd

First Community Corporation (NASDAQ:FCCO) announced a quarterly dividend on Tuesday, October 20th. Stockholders of record on Tuesday, November 3rd will be paid a dividend of $0.17 per share by the bank on Tuesday, November 17th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Tuesday, November 3rd.

First Community has raised its dividend by an average of 0.1% per year over the last three years and has raised its dividend annually for the last 4 consecutive years. First Community has a payout ratio of 25.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect First Community to earn $3.29 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 20.7%.

First Community Trading Down 1.6%

Shares of First Community stock opened at $32.98 on Friday. The firm has a 50-day moving average of $33.12 and a 200-day moving average of $31.42. The stock has a market cap of $310.01 million, a PE ratio of 11.53 and a beta of 0.33. First Community has a 52-week low of $26.42 and a 52-week high of $35.74. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.81 and a current ratio of 0.82.

First Community (NASDAQ:FCCO) last released its quarterly earnings results on Wednesday, October 21st. The bank reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.06. First Community had a net margin of 19.55% and a return on equity of 13.73%. The business had revenue of $26.23 million for the quarter, compared to analyst estimates of $26.01 million. As a group, sell-side analysts forecast that First Community will post 3.16 EPS for the current year.

About First Community

First Community Corporation is the bank holding company for First Community Bank, a community-focused financial institution headquartered in Lexington, South Carolina. The company serves individuals, families, businesses and nonprofit organizations primarily in the Midlands and Upstate regions of South Carolina.

Through First Community Bank, the company offers a range of banking products and services, including checking and savings accounts, certificates of deposit, residential and commercial real estate loans, consumer lending, business loans and lines of credit.