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Tectonic Financial, Inc., a financial holding company, provides banking and financial products and services to high net worth individuals, small businesses, and institutions in the United States. It offers commercial and consumer banking services, such as demand deposits, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit; commercial and real estate loans, dental loans, commercial and industrial, commercial real estate, construction loans, and consumer installment loans; and wealth management and trust services. The company also provides trust, investment advisory, securities brokerage, factoring, third-party administration, recordkeeping, underwriting, and insurance services. It offers services through various delivery systems, including automated teller machines, mobile banking, and internet banking. Tectonic Financial, Inc. was formerly known as T Acquisition, Inc. and changed its name to Tectonic Financial, Inc. in May 2019. The company was incorporated in 2016 and is headquartered in Dallas, Texas.

Tectonic Financial Dividend Announcement

Tectonic Financial announced a quarterly dividend of $0.31 per ordinary share which will be made payable on 2024-08-15. Ex dividend date: 2024-08-05
Tectonic Financial annual dividend for 2024 was $0.76
Tectonic Financial annual dividend for 2023 was $0.90
Tectonic Financial's trailing twelve-month (TTM) dividend yield is 9.5%
Tectonic Financial's payout ratio for the trailing twelve months (TTM) is 30.73%

Tectonic Financial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-05$0.31quarterly2024-08-15
2024-05-02$0.23quarterly2024-05-15
2024-02-02$0.23quarterly2024-02-15
2023-11-02$0.23quarterly2023-11-15
2023-08-03$0.23quarterly2023-08-15
2023-05-04$0.23quarterly2023-05-15
2023-02-02$0.23quarterly2023-02-15
2022-11-03$0.23quarterly2022-11-15
2022-08-04$0.23quarterly2022-08-15
2022-05-05$0.23quarterly2022-05-16
2022-02-03$0.23quarterly2022-02-15
2021-11-04$0.23quarterly2021-11-15
2021-08-05$0.23quarterly2021-08-16
2021-05-06$0.23quarterly2021-05-17
2021-02-04$0.23quarterly2021-02-15
2020-11-05$0.23quarterly2020-11-16
2020-08-06$0.23quarterly2020-08-17
2020-05-04$0.23quarterly2020-05-15
2020-02-04$0.23quarterly2020-02-17
2019-11-04$0.23quarterly2019-11-15
2019-08-02$0.23quarterly2019-08-15

Tectonic Financial Dividend per year

Tectonic Financial Dividend growth

Tectonic Financial Dividend Yield

Tectonic Financial current trailing twelve-month (TTM) dividend yield is 9.5%. Interested in purchasing Tectonic Financial stock? Use our calculator to estimate your expected dividend yield:

Tectonic Financial Financial Ratios

P/E ratio5.89
PEG ratio0.44
P/B ratio0.67
ROE11.64%
Payout ratio30.73%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Tectonic Financial Dividend FAQ

How much is the next Tectonic Financial dividend?
Tectonic Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tectonic Financial dividend. The next Tectonic Financial dividend will be released in February, May, August, or November.
When is Tectonic Financial dividend paid?
Tectonic Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Tectonic Financial pay?
The specific amount of Tectonic Financial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tectonic Financial's dividend history.
Does Tectonic Financial stock pay dividends?
Yes, Tectonic Financial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tectonic Financial's dividend history.
How much dividend does Tectonic Financial pay?
Tectonic Financial paid $0.764 in 2024, $0.9 in 2023, $0.9 in 2022, $0.9 in 2021, and $0.9 in 2020.
How often does Tectonic Financial pay dividends?
Tectonic Financial typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Tectonic Financial's dividend yield?
The current dividend yield for Tectonic Financial is 9.5%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Tectonic Financial's exact dividend yield.
When does Tectonic Financial go ex dividend?
Tectonic Financial's ex-dividend date for the latest dividend was on 2024-08-05. Tectonic Financial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Tectonic Financial dividend paid?
Tectonic Financial pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Tectonic Financial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Tectonic Financial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Tectonic Financial dividend per share?
Tectonic Financial paid $0.764 per share in 2024 and $0.9 per share in 2023. The amount of dividend per share that Tectonic Financial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Tectonic Financial a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Tectonic Financial a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Tectonic Financial a dividend stock?
Yes, Tectonic Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tectonic Financial a good dividend stock?
Whether Tectonic Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tectonic Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Tectonic Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Tectonic Financial pay dividends monthly?
Tectonic Financial typically pays dividends on a quarterly basis.
Does Tectonic Financial pay dividends quarterly?
Tectonic Financial currently pays dividends on a quarterly basis.
Has Tectonic Financial ever paid a dividend?
Yes, Tectonic Financial has a history of paying dividends to its shareholders. Tectonic Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tectonic Financial dividend stocks?
To buy Tectonic Financial you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Tectonic Financial stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Tectonic Financial pay dividends 2024?
Tectonic Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Tectonic Financial increase its dividend in 2024?
Decisions regarding Tectonic Financial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Tectonic Financial dividend overview you can look into the above table of dividend history.
How Tectonic Financial dividend works?
The Tectonic Financial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Tectonic Financial's dividend process works:

1. Determination of Dividend: Tectonic Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Tectonic Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Tectonic Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Tectonic Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Tectonic Financial dividends paid?
Tectonic Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Tectonic Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Tectonic Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Tectonic Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Tectonic Financial pay dividends?
Tectonic Financial typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Tectonic Financial pay dividends?
The general pattern is that Tectonic Financial pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tectonic Financial dividend safe?
The safety of Tectonic Financial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Tectonic Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Tectonic Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.