This is Why First Community (FCCO) is a Great Dividend Stock

Company Overview - First Community (FCCO) is based in Lexington and operates in the Finance sector, with a year-to-date share price change of 20.46% [3] - The company currently pays a dividend of $0.16 per share, resulting in a dividend yield of 2.21%, which is slightly below the Banks - Southeast industry's yield of 2.29% and above the S&P 500's yield of 1.54% [3] Dividend Performance - The current annualized dividend of $0.64 represents a 10.3% increase from the previous year [4] - Over the past five years, First Community has increased its dividend three times, achieving an average annual increase of 5.74% [4] - The company's current payout ratio is 27%, indicating that it paid out 27% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for FCCO's earnings in 2025 is $2.56 per share, reflecting an expected increase of 41.44% from the previous year [5] Investment Appeal - FCCO is viewed as an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 2 (Buy) [6]