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First Savings Financial (FSFG) is a Top Dividend Stock Right Now: Should You Buy?
FSFGFirst Savings Financial (FSFG) ZACKS·2024-12-26 17:46

Company Overview - First Savings Financial (FSFG) is headquartered in Jeffersonville and operates in the Finance sector [1] - The stock has experienced a price change of 51.13% since the beginning of the year [1] - The company currently pays a dividend of 0.15pershare,resultinginadividendyieldof2.360.15 per share, resulting in a dividend yield of 2.36% [1] - In comparison, the Financial - Savings and Loan industry's yield is 3.06%, while the S&P 500's yield is 1.53% [1] Earnings and Growth - FSFG expects solid earnings growth for the fiscal year, with the Zacks Consensus Estimate for 2024 at 2.65 per share, indicating a year-over-year growth rate of 55.88% [4] - The company's current annualized dividend of $0.60 has increased by 1.7% from the previous year [7] - FSFG has raised its dividend 5 times over the last 5 years, with an average annual increase of 27.91% [7] - The current payout ratio is 28%, meaning the company paid out 28% of its trailing 12-month EPS as dividends [7] Investment Appeal - FSFG is considered an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 1 (Strong Buy) [5]