Why First Bancorp (FBP) is a Great Dividend Stock Right Now

Based in San Juan, First Bancorp (FBP) is in the Finance sector, and so far this year, shares have seen a price change of 10.88%. Currently paying a dividend of $0.16 per share, the company has a dividend yield of 3.51%. In comparison, the Banks - Southeast industry's yield is 2.68%, while the S&P 500's yield is 1.58%. Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is ...