First Bancorp Announces Cash Dividend of $0.24 Per Share

What Happened

• First Bancorp (FBNC) filed an 8-K on September 15, 2026 and issued a news release announcing that its board of directors declared a cash dividend of $0.24 per share on common stock. The dividend is payable October 23, 2026 to shareholders of record as of September 30, 2026.

Key Details

• Declared dividend: $0.24 per common share
• Record date: September 30, 2026
• Payment date: October 23, 2026
• Announcement filed via Form 8-K and accompanying news release on September 15, 2026

Why It Matters

• A declared cash dividend provides a direct cash return to shareholders and is a sign the board is allocating profits or capital to investors.
• Investors looking for income will note the per-share amount and can calculate yield based on the current stock price; the filing does not state total payout or changes to dividend policy.
• This is a material corporate action investors may consider when evaluating total return, income expectations, or portfolio allocation for First Bancorp shares.