Third Century Bancorp operates as the holding company for Mutual Savings Bank that provides various banking products and services to individual and corporate customers in Johnson County and surrounding counties. It offers checking and savings, NOW, and individual retirement accounts; and certificates of deposits, and demand and money market deposits. The company also provides consumer lending products, including home remodeling, lot and land, new and used vehicle, and unsecured loans, as well as home equity products; commercial real estate loans, including owner and non-owner occupied, construction, land/development, and multi-family properties; commercial and industrial loans comprising working capital loan, equipment and vehicle loan, and revolving lines of credit; and mortgage loans. In addition, it offers treasury management services, such as remote deposit capture, wire transfers, ACH origination, and merchant services; and trust services, safe deposit boxes, and debit and credit cards, as well as online and mobile banking, and ATM services. Third Century Bancorp was founded in 1890 and is based in Franklin, Indiana.
Third Century Bancorp Dividend Announcement
• Third Century Bancorp announced a quarterly dividend of $0.05 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-30
• Third Century Bancorp annual dividend for 2024 was $0.15
• Third Century Bancorp annual dividend for 2023 was $0.35
• Third Century Bancorp's trailing twelve-month (TTM) dividend yield is 2.11%
• Third Century Bancorp's dividend growth over the last five years (2018-2023) was 6.96% year
• Third Century Bancorp's dividend growth over the last ten years (2013-2023) was 19.29% year
Third Century Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.05 | quarterly | 2024-10-15 |
2024-06-14 | $0.05 | quarterly | 2024-07-03 |
2024-03-14 | $0.05 | quarterly | 2024-04-02 |
2023-12-14 | $0.05 | quarterly | 2024-01-03 |
2023-09-14 | $0.10 | quarterly | 2023-10-03 |
2023-06-14 | $0.10 | quarterly | 2023-07-05 |
2023-03-14 | $0.10 | quarterly | 2023-04-04 |
2022-12-14 | $0.10 | quarterly | 2023-01-04 |
2022-09-14 | $0.10 | quarterly | 2022-10-04 |
2022-06-14 | $0.10 | quarterly | 2022-07-05 |
2022-03-14 | $0.09 | quarterly | 2022-04-04 |
2021-12-14 | $0.09 | quarterly | 2022-01-04 |
2021-09-14 | $0.09 | quarterly | 2021-10-04 |
2021-06-14 | $0.09 | quarterly | 2021-07-02 |
2021-03-12 | $0.08 | quarterly | 2021-04-02 |
2020-12-14 | $0.08 | quarterly | 2021-01-04 |
2020-09-14 | $0.08 | quarterly | 2020-10-02 |
2020-06-12 | $0.08 | quarterly | 2020-07-03 |
2020-03-12 | $0.07 | quarterly | 2020-04-03 |
2019-12-12 | $0.07 | quarterly | 2020-01-03 |
2019-09-12 | $0.07 | quarterly | 2019-10-03 |
2019-06-13 | $0.07 | quarterly | 2019-07-03 |
2019-03-14 | $0.07 | quarterly | 2019-04-03 |
2018-12-13 | $0.07 | quarterly | 2019-01-02 |
2018-09-13 | $0.06 | quarterly | 2018-10-01 |
2018-06-14 | $0.06 | quarterly | 2018-07-02 |
2018-03-14 | $0.06 | quarterly | 2018-04-02 |
2017-12-14 | $0.06 | quarterly | 2018-01-02 |
2017-09-14 | $0.05 | quarterly | 2017-10-02 |
2017-06-13 | $0.05 | quarterly | 2017-07-03 |
2017-03-13 | $0.05 | quarterly | 2017-04-03 |
2016-12-13 | $0.05 | quarterly | 2017-01-03 |
2016-09-13 | $0.04 | quarterly | 2016-10-03 |
2016-06-13 | $0.04 | quarterly | 2016-07-01 |
2016-03-11 | $0.04 | quarterly | 2016-04-01 |
2015-12-11 | $0.04 | quarterly | 2016-01-04 |
2015-09-11 | $0.03 | quarterly | 2015-10-01 |
2015-06-11 | $0.03 | quarterly | 2015-07-01 |
2015-03-11 | $0.03 | quarterly | 2015-04-01 |
2014-12-11 | $0.03 | quarterly | 2015-01-02 |
2014-09-11 | $0.03 | quarterly | 2014-10-01 |
2014-06-11 | $0.03 | quarterly | 2014-07-01 |
2014-03-12 | $0.03 | quarterly | 2014-04-01 |
2014-02-12 | $0.03 | quarterly | 2014-03-03 |
2013-12-11 | $0.03 | quarterly | 2014-01-02 |
2013-08-13 | $0.03 | quarterly | 2013-09-03 |
Third Century Bancorp Dividend per year
Third Century Bancorp Dividend growth
Third Century Bancorp Dividend Yield
Third Century Bancorp current trailing twelve-month (TTM) dividend yield is 2.11%. Interested in purchasing Third Century Bancorp stock? Use our calculator to estimate your expected dividend yield:
Third Century Bancorp Financial Ratios
Third Century Bancorp Dividend FAQ
Other factors to consider when evaluating Third Century Bancorp 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.
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1. Determination of Dividend: Third Century Bancorp'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, Third Century Bancorp 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, Third Century Bancorp 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 Third Century Bancorp 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.
1. Record Date: Third Century Bancorp 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, Third Century Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Third Century Bancorp 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.
To assess the safety of Third Century Bancorp'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 Third Century Bancorp'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.