Company Overview - First Savings Financial (FSFG) is based in Jeffersonville and operates in the Finance sector, with shares experiencing a price change of 72.2% this year [3] - The company currently pays a dividend of $0.15 per share, resulting in a dividend yield of 2.07%, which is lower than the Financial - Savings and Loan industry's yield of 2.97% and the S&P 500's yield of 1.48% [3] Dividend Performance - FSFG's annualized dividend of $0.60 has increased by 1.7% from the previous year, with the company having raised its dividend five times over the last five years, averaging an annual increase of 27.91% [4] - The current payout ratio for FSFG is 28%, indicating that the company pays out 28% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year 2024, the Zacks Consensus Estimate projects earnings of $2.65 per share for FSFG, reflecting a year-over-year earnings growth rate of 55.88% [5] Investment Considerations - FSFG is considered a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 1 (Strong Buy), making it appealing to income investors [7]
First Savings Financial (FSFG) Could Be a Great Choice