Published on 4 Feb 2024 on Simply Wall St. via Yahoo Finance

First Commonwealth Financial Corporation (NYSE:FCF) Looks Interesting, And It's About To Pay A...

First Commonwealth Financial Corporation (NYSE:FCF) stock is about to trade ex-dividend in 4 days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order to receive a dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. Thus, you can purchase First Commonwealth Financial's shares before the 8th of February in order to receive the dividend, which the company will pay on the 23rd of February.

The company's next dividend payment will be US$0.125 per share, on the back of last year when the company paid a total of US$0.50 to shareholders. Last year's total dividend payments show that First Commonwealth Financial has a trailing yield of 3.7% on the current share price of US$13.54. If you buy this business for its dividend, you should have an idea of whether First Commonwealth Financial's dividend is reliable and sustainable. We need to see whether the dividend is covered by earnings and if it's growing.

See our latest analysis for First Commonwealth Financial