Company Overview - First Community (FCCO) is headquartered in Lexington and operates in the finance sector, with a year-to-date price change of 2.38% [3] - The company currently pays a dividend of $0.15 per share, resulting in a dividend yield of 2.44%, which is higher than the Banks - Southeast industry's yield of 2.28% and the S&P 500's yield of 1.5% [3] Dividend Performance - The annualized dividend of $0.60 represents a 3.4% increase from the previous year [4] - Over the past five years, First Community has increased its dividend four times, achieving an average annual increase of 5.34% [4] - The current payout ratio is 36%, indicating that the company pays out 36% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for First Community's earnings in 2025 is projected at $2.08 per share, reflecting an expected increase of 14.92% from the previous year [5] Investment Considerations - First Community is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7] - The company is positioned well for income investors, especially in the context of rising interest rates, where high-yielding stocks may face challenges [7]
First Community (FCCO) is a Top Dividend Stock Right Now: Should You Buy?