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Why First Savings Financial (FSFG) is a Top Dividend Stock for Your Portfolio
FSFGFirst Savings Financial (FSFG) ZACKS·2025-01-13 17:45

Group 1: Company Overview - First Savings Financial (FSFG) is based in Jeffersonville and operates in the Finance sector, with shares experiencing a price change of -6.29% this year [3] - The company currently pays a dividend of 0.15pershare,resultinginadividendyieldof2.410.15 per share, resulting in a dividend yield of 2.41%, which is lower than the Financial - Savings and Loan industry's yield of 2.68% and the S&P 500's yield of 1.59% [3] Group 2: Dividend Performance - FSFG's current annualized dividend of 0.60 has increased by 1.7% from the previous year, and over the past five years, the company has raised its dividend five times, averaging an annual increase of 25.25% [4] - The company's payout ratio stands at 28%, indicating that it paid out 28% of its trailing 12-month earnings per share as dividends [4] Group 3: Earnings Growth Expectations - For the fiscal year, FSFG anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 projected at $2.65 per share, reflecting a year-over-year earnings growth rate of 55.88% [5] Group 4: Investment Considerations - FSFG is considered a compelling investment opportunity due to its strong dividend profile, despite the general trend that high-yielding stocks may struggle during periods of rising interest rates [7] - The stock currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [7]