First Community Corporation (NASDAQ:FCCO) Declares $0.16 Quarterly Dividend

First Community Corporation (NASDAQ:FCCO) declared a quarterly dividend on Wednesday, April 22nd. Shareholders of record on Tuesday, May 5th will be given a dividend of 0.16 per share by the bank on Tuesday, May 19th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, May 5th.

First Community has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 4 consecutive years. First Community has a payout ratio of 23.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect First Community to earn $3.26 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 19.6%.

First Community Stock Up 1.6%

Shares of NASDAQ FCCO opened at $30.69 on Thursday. The stock has a market cap of $287.87 million, a P/E ratio of 12.43 and a beta of 0.34. The business’s fifty day simple moving average is $29.45 and its 200-day simple moving average is $29.03. First Community has a 12-month low of $21.80 and a 12-month high of $31.51. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.09.

First Community (NASDAQ:FCCO) last released its earnings results on Wednesday, April 22nd. The bank reported $0.72 EPS for the quarter, topping the consensus estimate of $0.64 by $0.08. The firm had revenue of $23.16 million during the quarter, compared to analysts’ expectations of $23.61 million. First Community had a return on equity of 12.71% and a net margin of 16.85%. As a group, equities analysts predict that First Community will post 2.99 EPS for the current fiscal year.

Key Headlines Impacting First Community

Here are the key news stories impacting First Community this week:

• Positive Sentiment: Q1 earnings beat consensus: FCCO reported $0.72 EPS for the quarter versus Zacks/consensus of about $0.63–$0.64, up from $0.51 a year ago — a clear beat that signals improving profitability. Article Title
• Positive Sentiment: Strong underlying results: Net income rose 37.6% year-over-year to $5.498M, and the company reported a healthy return on equity (~12.7%) and net margin (~16.9%), reinforcing the EPS beat and improving core performance. Article Title
• Positive Sentiment: Dividend declared: FCCO approved a $0.16 quarterly cash dividend (annualized yield ~2.1%); record/ex-dividend date set for May 5 and payable May 19 — a supportive development for income investors and dividend-oriented demand. Article Title
• Neutral Sentiment: Analyst commentary and write-ups: Recent Zacks pieces highlight FCCO as an attractive dividend stock and review key metrics versus estimates — useful for investors wanting third?party analysis but not new company-level catalysts. Article Title
• Neutral Sentiment: Comparisons and previews: Market previews and peer comparisons (e.g., Republic Bancorp) are being published; they provide context on valuation and competitive positioning but don’t change the company’s immediate fundamentals. Article Title

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.