--- schema_version: "secwatch.filing_event.v1" accession: "0000950170-23-014746" form_type: "8-K" ticker: "FFIN" cik: "0000036029" company_name: "FIRST FINANCIAL BANKSHARES INC" filed_at: "2023-04-26T23:59:59+00:00" generated_at: "2026-06-16T14:00:56.633471+00:00" event_type: "dividend" sentiment: "positive" materiality_score: 0.5 calibrated_materiality_score: 0.5 confidence: "high" source: SEC EDGAR --- # First Financial Bankshares raises quarterly dividend 5.9% to $0.18 per share ## Summary - Q2 dividend increased to $0.18 per share, up 5.9% from prior $0.17. - Dividend payable July 3, 2023 to shareholders of record June 15, 2023. - Shareholders reelected all 11 incumbent directors at annual meeting. - Shareholders ratified Ernst & Young as auditor and approved say-on-pay on annual basis. ## SEC filing metadata - accession: 0000950170-23-014746 - form_type: 8-K - ticker: FFIN - cik: 0000036029 - company_name: FIRST FINANCIAL BANKSHARES INC - filed_at: 2023-04-26T23:59:59+00:00 - event_type: dividend - sentiment: positive - materiality_score: 0.5 - calibrated_materiality_score: 0.5 - confidence: high - sec_items: 5.07, 7.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/36029/000095017023014746/0000950170-23-014746-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36029/000095017023014746/ffin-20230425.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0000950170-23-014746 - JSON: https://secwatch.observer/filing/0000950170-23-014746.json - Plain text: https://secwatch.observer/filing/0000950170-23-014746.txt ## Key facts - Shareholder Votes FIRST FINANCIAL BANKSHARES INC shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2023 at the 2023-04-25 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-04-25 source text: (2) The shareholders voted to ratify the appointment of Ernst & Young LLP to serve as the Company’s independent registered public accounting firm for the year ending December 31, 2023 by a vote of 124,163,558 for, 2,100,540 against and 139,175 abstained. There were no broker non-votes. evidence_url: https://www.sec.gov/Archives/edgar/data/36029/000095017023014746/0000950170-23-014746-index.htm - Shareholder Votes FIRST FINANCIAL BANKSHARES INC shareholders approved Advisory approval of executive compensation as disclosed in the Proxy Statement at the 2023-04-25 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-04-25 source text: (3) The shareholders approved the following resolution: “RESOLVED, that the shareholders of First Financial Bankshares, Inc. hereby approve, on an advisory basis, the compensation paid to the Company’s named executive officers, as disclosed pursuant to Item 402 of Regulation S-K in the Company’s Proxy Statement for the 2023 Annual Meeting of Shareholders, including the Compensation Discussion and Analysis compensation tables and narrative discussion,” by a vote of 102,363,654 for, 1,996,698 against and 755,022 abstained. There were 21,287,899 broker non-votes. evidence_url: https://www.sec.gov/Archives/edgar/data/36029/000095017023014746/0000950170-23-014746-index.htm - Shareholder Votes FIRST FINANCIAL BANKSHARES INC shareholders approved Election of Directors at the 2023-04-25 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-04-25 source text: (1) The following directors were elected at the annual meeting to hold office until the 2024 annual meeting of shareholders, and the respective number of votes cast for and withheld are as follows: Director Votes For Votes Withheld April K. Anthony 104,653,672 461,702 Vianei Lopez Braun 104,421,606 693,768 David L. Copeland 102,725,931 2,389,443 Michael B. Denny 104,700,049 415,325 F. Scott Dueser 102,628,183 2,487,191 Murray H. Edwards 93,631,241 11,484,133 Eli Jones, Ph.D. 102,795,749 2,319,625 I. Tim Lancaster 103,101,695 2,013,679 Kade L. Matthews 103,910,081 1,205,293 Robert C. Nickles 103,876,159 1,239,215 Johnny E. Trotter 103,247,900 1,867,474 There were 21,287,899 broker non-votes. evidence_url: https://www.sec.gov/Archives/edgar/data/36029/000095017023014746/0000950170-23-014746-index.htm - Shareholder Votes FIRST FINANCIAL BANKSHARES INC shareholders approved Advisory vote on the frequency of future say-on-pay votes (every year, two years, or three years) at the 2023-04-25 meeting. - Proposal: say on pay frequency - Outcome: passed - Meeting: 2023-04-25 source text: (4) The shareholders approved the following resolution: “RESOLVED, that the option of once every year, two years or three years that receives the highest number of votes cast for this resolution will be determined to be the preferred frequency with which the Company is to hold an advisory vote of the shareholders on the compensation paid to the Company’s named executive officers, as disclosed pursuant to Item 402 of Regulation S-K, including the Compensation Discussion and Analysis compensation tables and narrative discussion,” with the following voting results: 102,034,917 every year, 186,840 every two years, 2,313,208 every three years, and 580,409 abstained. There were 21,287,899 broker non-votes. Consistent with the Board of Director’s recommendation set forth in the Company’s definitive proxy statement for the 2023 annual meeting of shareholders and in light of the above voting results, the Board of Directors determined to hold an annual shareholder advisory vote to approve the co evidence_url: https://www.sec.gov/Archives/edgar/data/36029/000095017023014746/0000950170-23-014746-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.