First Community Co. (NASDAQ:FCCO) Declares $0.12 Quarterly Dividend

First Community Co. (NASDAQ:FCCO) declared a quarterly dividend on Wednesday, July 21st, Zacks reports. Stockholders of record on Tuesday, August 3rd will be given a dividend of 0.12 per share by the bank on Tuesday, August 17th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date is Monday, August 2nd.

First Community has increased its dividend by 33.3% over the last three years and has raised its dividend annually for the last 1 consecutive years.

NASDAQ FCCO traded up $0.15 during trading on Thursday, hitting $20.32. The company’s stock had a trading volume of 5,449 shares, compared to its average volume of 71,843. First Community has a 52 week low of $12.23 and a 52 week high of $22.00. The firm has a market cap of $152.81 million, a price-to-earnings ratio of 13.19 and a beta of 0.73. The business’s 50 day moving average is $20.09. The company has a current ratio of 0.75, a quick ratio of 0.73 and a debt-to-equity ratio of 0.11.

First Community (NASDAQ:FCCO) last released its earnings results on Tuesday, July 20th. The bank reported $0.47 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.01. First Community had a net margin of 19.79% and a return on equity of 8.67%. As a group, analysts predict that First Community will post 1.79 earnings per share for the current year.

FCCO has been the topic of a number of research analyst reports. Raymond James increased their price objective on shares of First Community from $21.00 to $23.00 and gave the stock an “outperform” rating in a report on Thursday. Zacks Investment Research lowered shares of First Community from a “buy” rating to a “hold” rating in a research note on Tuesday, June 29th.

About First Community

First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments.

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Dividend History for First Community (NASDAQ:FCCO)

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