First BanCorp-Puerto Rico (FBP) Dividends & Splits

First BanCorp-Puerto Rico (FBP) is a financial institution that offers a range of banking and financial services in Puerto Rico. As a publicly traded company, FBP is committed to providing value to its shareholders through dividends and splits. Dividends are a portion of a company's earnings that are distributed to its shareholders, typically in cash. These distributions serve as a reward to investors for holding onto their shares and can be an attractive incentive for potential investors. Splits, on the other hand, involve dividing existing shares into multiple shares, thereby increasing the number of shares outstanding but decreasing the price per share. This can make the stock more affordable for investors and increase its liquidity.

The dividend yield of First BanCorp-Puerto Rico (FBP) is a measure of the company's dividend payments relative to its stock price. It is calculated by dividing the annual dividend per share by the stock's current price. A higher dividend yield indicates a higher return on investment for shareholders. The payout ratio, on the other hand, refers to the percentage of a company's earnings that are paid out as dividends. A lower payout ratio indicates that the company is retaining more of its earnings for reinvestment or other uses. The dividend ex-date is the date on which a stock begins trading ex-dividend, meaning that buyers of the stock on or after this date are not entitled to the upcoming dividend payment.