First Bancshares, Inc. Plans Quarterly Dividend of $0.04 (FBMS)
First Bancshares (NASDAQ:FBMS) declared a quarterly dividend on Thursday, October 31st, American Banking and Market News reports. Shareholders of record on Tuesday, November 12th will be given a dividend of $0.0375 per share on Wednesday, November 27th. This represents a $0.15 dividend on an annualized basis and a yield of 1.02%.
On a related note, analysts at FIG Partners initiated coverage on shares of First Bancshares in a research note to investors on Friday, August 23rd. They set an “outperform” rating on the stock.
First Bancshares (NASDAQ:FBMS) traded down 1.01% on Thursday, hitting $14.70. The stock had a trading volume of 832 shares. First Bancshares has a 52-week low of $9.13 and a 52-week high of $15.40. The stock has a 50-day moving average of $14.29 and a 200-day moving average of $13.39. The company has a market cap of $58.1 million and a price-to-earnings ratio of 13.69.
The First Bancshares, Inc serves as a bank holding company for The First, A National Banking Association (NASDAQ:FBMS) located in Hattiesburg, Mississippi.
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