Bank First National Corporation (NASDAQ:BFC) to Issue Quarterly Dividend of $0.45

Key Points

• Bank First National Corporation has declared a quarterly dividend of $0.45 per share, payable on January 7 to investors of record as of December 24.
• The company has a dividend payout ratio of 23.7%, indicating that its dividend is well covered by earnings, with expected earnings of $7.35 per share next year.
• Bank First National's stock is currently trading at around $130.11, with a market capitalization of approximately $192.56 million.

Bank First National Corporation (NASDAQ:BFC - Get Free Report) declared a quarterly dividend on Tuesday, October 21st. Investors of record on Wednesday, December 24th will be given a dividend of 0.45 per share on Wednesday, January 7th. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 24th.

Bank First National has a dividend payout ratio of 23.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Bank First National to earn $7.35 per share next year, which means the company should continue to be able to cover its $1.80 annual dividend with an expected future payout ratio of 24.5%.

Bank First National Stock Performance

BFC opened at $130.11 on Wednesday. The firm has a market capitalization of $192.56 million, a PE ratio of 19.31 and a beta of 0.39. The firm's 50-day moving average price is $126.77 and its 200 day moving average price is $119.19. Bank First National has a twelve month low of $90.01 and a twelve month high of $135.72. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.02.

Bank First National (NASDAQ:BFC - Get Free Report) last posted its quarterly earnings results on Tuesday, October 21st. The company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.81 by $0.10. Bank First National had a return on equity of 10.92% and a net margin of 29.04%.The firm had revenue of $44.21 million during the quarter, compared to analysts' expectations of $44.15 million. As a group, sell-side analysts expect that Bank First National will post 6.9 EPS for the current fiscal year.

About Bank First National

Bank First Corporation operates as a holding company for Bank First, N.A. that provides consumer and commercial financial services to businesses, professionals, consumers, associations, individuals, and governmental authorities in Wisconsin. It offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.