BancFirst Corp (BANF) hikes dividend for 31st consecutive year
BancFirst Corporation (BANF) will hike its dividend by 7% to $0.46 quarterly per share in 2024. This marks 31 consecutive years of increased dividends for BANF. The dividend yield for this dividend hero is 1.7%.
In 2023 BANF hiked the dividend by 7.5% to 43 cents quarterly and in 2022 the dividend was last raised by double digits (+11.1%). The dividend yield is 1.74% at a stock price of $106 for BANF. The ex-dividend date is September 30, 2024.
BancFirst Corporation is an Oklahoma based financial services holding company. The company's principal subsidiary bank, BancFirst, is Oklahoma's largest state-chartered bank. It has four business units, which include metropolitan banks, community banks, other financial services, and executive, operations and support. BANF also owns 100% of BancFirst Insurance Services, Inc., an independent insurance agency, and 100% of Council Oak Partners LLC, an Oklahoma limited liability company engaged in investing activities.
