First Community Corporation (FCCO) To Go Ex-Dividend on February 10th

First Community Corporation (NASDAQ:FCCO) declared a quarterly dividend on Tuesday, January 27th. Shareholders of record on Tuesday, February 10th will be paid a dividend of 0.16 per share by the bank on Tuesday, February 24th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Tuesday, February 10th.

First Community has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 4 consecutive years. First Community has a payout ratio of 23.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect First Community to earn $2.83 per share next year, which means the company should continue to be able to cover its $0.64 annual dividend with an expected future payout ratio of 22.6%.

First Community Price Performance

FCCO opened at $30.84 on Friday. The company’s 50-day simple moving average is $29.77 and its two-hundred day simple moving average is $28.05. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.78 and a current ratio of 0.78. The stock has a market capitalization of $237.16 million, a P/E ratio of 12.49 and a beta of 0.38. First Community has a 52-week low of $19.46 and a 52-week high of $31.50.

First Community (NASDAQ:FCCO) last released its quarterly earnings data on Wednesday, January 28th. The bank reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.01. First Community had a net margin of 16.85% and a return on equity of 12.96%. The firm had revenue of $20.60 million during the quarter, compared to analysts’ expectations of $20.25 million. As a group, analysts predict that First Community will post 2.28 EPS for the current year.

First Community Company Profile

First Community Financial Corp. (NASDAQ: FCCO) is the bank holding company for First Community Bank, a full-service commercial bank headquartered in Bluefield, West Virginia. Through its subsidiary, the company delivers a comprehensive range of financial services to individuals, small businesses and larger commercial clients. Its operations are focused on community banking, with an emphasis on personalized relationship management and local decision-making.

The company’s core offerings include deposit products such as checking and savings accounts, certificates of deposit and money market accounts, as well as consumer and commercial lending solutions.