First Bancorp Declares Q2 Dividend of $0.38, Up 1 Cent

First Bancorp declared a quarterly cash dividend of $0.38 per share, marking an increase of $0.01 from the previous four quarters. This dividend is payable on July 17, 2026, to shareholders of record as of July 7, 2026. This increase represents the 12th consecutive year the company has raised its second-quarter dividend by at least one cent, demonstrating a commitment to shareholder returns. The annualized dividend of $1.52 per share offers an attractive yield of 4.46% based on the recent closing price.