 The Board of Directors of First Bancorp NASDAQ - FBNC, the parent company of First Bank, has declared a cash dividend on its common stock of 0.18 per share payable on July 24, 2020 to shareholders of record as of June 30, 2020. The 0.18 dividend rate is the same rate that was paid in the previous quarter and represents a 50 increase over the dividend rate of 0.12 paid in the comparable period of 2019. 