Looking For a Few Good Banks - First Financial Bankshares Near All-time High

You can't keep a good bank down. First Financial Bankshares (FFIN), which operates 48 full-service locations in the Central, West and High Plains regions of Texas, is on a multiyear price upside that reached a closing all-time high at $50 on August 11, 2008.

FFIN pays a $1.36 annual dividend (2.80% dividend yield) and the bank has a multiyear record of increasing its dividend (e.g., the 1994 split-adjusted annual dividend was $0.25509).

FFIN is a candidate for a long-term dividend reinvestment portfolio.

I (RAH) do not own FFIN.

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Posted August 26, 2008.