Dividend Insights: First Financial Bancorp's Key Dates and Updates Before Jun 2, 2025

CashCowThursday, May 29, 2025 8:34 pm ET
1min read
First Financial Bancorp (FFBC) has announced a dividend of $0.240 per share, scheduled for Jun 16, 2025, following an ex-dividend date of Jun 2, 2025. This dividend is slightly higher than the average of the last ten dividends, which stands at $0.217 per share. The previous dividend, distributed on Mar 17, 2025, was also $0.240 per share. The dividend type for both distributions is cash dividend. The announcement was made on Apr 29, 2025, marking FFBC's continued commitment to returning value to shareholders.

Recently, First Financial Bancorp has been at the center of several influential developments. Over the past week, shareholders approved key proposals during the company's annual meeting, underscoring confidence in FFBC's strategic direction and financial health. According to various analysts, FFBC maintains a solid financial performance with an "Outperform" rating, reflecting its robust fundamentals. Furthermore, Voloridge Investment Management LLC has reduced its stake in the company, prompting analysts to adjust target prices, with the Royal Bank of Canada lowering theirs from $30.00 to $27.00. As of late, FFBC affirmed its quarterly dividend commitment, reinforcing its financial stability and shareholder value proposition.

Adding to the recent updates, Fisher Asset Management LLC has increased its holdings in FFBC, now owning 849,678 shares valued at approximately $22.839 million. Additionally, Claude E. Davis, Chair of the Board, has been granted 2,957 shares, as documented in SEC filings. These moves indicate strong insider confidence and potential positive impacts on FFBC's market performance.

In conclusion, First Financial Bancorp is actively engaged in enhancing shareholder value through strategic decisions and consistent financial practices. As the ex-dividend date of Jun 2, 2025 approaches, investors should note this is the final opportunity to purchase shares and qualify for the upcoming dividend distribution. Any acquisitions made after this date will not be eligible for the current dividend.