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Touchstone Bankshares, Inc. operates as the bank holding company for Touchstone Bank that provides various community banking products and services in the United States. The company offers personal and business savings and checking accounts. It also provides home mortgage, home equity, auto, and personal term loans; personal lines of credit; and business loans comprising commercial real estate, business term, operating capital, and construction loans, as well as business lines of credit. In addition, the company offers online and mobile banking, card, treasury, and financial planning services. It has 13 branches in northern North Carolina and south-central Virginia. The company was founded in 1906 and is headquartered in Prince George, Virginia.

Touchstone Bankshares Dividend Announcement

Touchstone Bankshares announced a semi annually dividend of $0.16 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-20
Touchstone Bankshares annual dividend for 2024 was $0.48
Touchstone Bankshares annual dividend for 2023 was $0.32
Touchstone Bankshares's trailing twelve-month (TTM) dividend yield is 3.37%

Touchstone Bankshares Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-20$0.16semi annually2024-09-27
2024-01-04$0.32semi annually2024-01-19
2023-01-05$0.32semi annually2023-01-20
2022-01-06$0.30semi annually2022-01-21
2021-01-07$0.28semi annually2021-01-22
2020-01-02$0.28semi annually2020-01-17
2019-01-03$0.28semi annually2019-01-18
2017-12-29$0.28semi annually2018-01-16
2016-11-22$0.28semi annually
2015-11-24$0.28semi annually
2014-11-25$0.28semi annually
2013-11-26$0.28semi annually
2012-12-20$0.27semi annually

Touchstone Bankshares Dividend per year

Touchstone Bankshares Dividend growth

Touchstone Bankshares Dividend Yield

Touchstone Bankshares current trailing twelve-month (TTM) dividend yield is 3.37%. Interested in purchasing Touchstone Bankshares stock? Use our calculator to estimate your expected dividend yield:

Touchstone Bankshares Financial Ratios

P/E ratio20.28
PEG ratio0.20
P/B ratio1.04
ROE5.32%
Payout ratio0.00%
Current ratio0.39
Quick ratio0.39
Cash Ratio-0.18

Touchstone Bankshares Dividend FAQ

How much is the next Touchstone Bankshares dividend?
Touchstone Bankshares's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Touchstone Bankshares dividend. The next Touchstone Bankshares dividend will be released in January.
When is Touchstone Bankshares dividend paid?
Touchstone Bankshares pays dividends on a semi annually basis. The specific dates may vary each year but are generally around January. 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 Touchstone Bankshares pay?
The specific amount of Touchstone Bankshares 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 Touchstone Bankshares's dividend history.
Does Touchstone Bankshares stock pay dividends?
Yes, Touchstone Bankshares 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 Touchstone Bankshares's dividend history.
How much dividend does Touchstone Bankshares pay?
Touchstone Bankshares paid $0.48 in 2024, $0.32 in 2023, $0.3 in 2022, $0.28 in 2021, and $0.28 in 2020.
How often does Touchstone Bankshares pay dividends?
Touchstone Bankshares typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around January.
What is Touchstone Bankshares's dividend yield?
The current dividend yield for Touchstone Bankshares is 3.37%. 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 Touchstone Bankshares's exact dividend yield.
When does Touchstone Bankshares go ex dividend?
Touchstone Bankshares's ex-dividend date for the latest dividend was on 2024-09-20. Touchstone Bankshares 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 Touchstone Bankshares dividend paid?
Touchstone Bankshares pays dividends on a semi annually basis, typically around January, but the exact dates can vary each year.
Will Touchstone Bankshares 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 Touchstone Bankshares 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 Touchstone Bankshares dividend per share?
Touchstone Bankshares paid $0.48 per share in 2024 and $0.32 per share in 2023. The amount of dividend per share that Touchstone Bankshares 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 Touchstone Bankshares 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 Touchstone Bankshares 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 Touchstone Bankshares a dividend stock?
Yes, Touchstone Bankshares is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Touchstone Bankshares a good dividend stock?
Whether Touchstone Bankshares is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Touchstone Bankshares has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Touchstone Bankshares 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 Touchstone Bankshares pay dividends monthly?
Touchstone Bankshares typically pays dividends on a semi annually basis.
Does Touchstone Bankshares pay dividends quarterly?
Touchstone Bankshares currently pays dividends on a semi annually basis.
Has Touchstone Bankshares ever paid a dividend?
Yes, Touchstone Bankshares has a history of paying dividends to its shareholders. Touchstone Bankshares is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Touchstone Bankshares dividend stocks?
To buy Touchstone Bankshares 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 Touchstone Bankshares 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 Touchstone Bankshares pay dividends 2024?
Touchstone Bankshares pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-27. 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 Touchstone Bankshares increase its dividend in 2024?
Decisions regarding Touchstone Bankshares 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 Touchstone Bankshares dividend overview you can look into the above table of dividend history.
How Touchstone Bankshares dividend works?
The Touchstone Bankshares 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 Touchstone Bankshares's dividend process works:

1. Determination of Dividend: Touchstone Bankshares'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, Touchstone Bankshares 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, Touchstone Bankshares 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 Touchstone Bankshares 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 Touchstone Bankshares dividends paid?
Touchstone Bankshares dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Touchstone Bankshares 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, Touchstone Bankshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Touchstone Bankshares 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 Touchstone Bankshares pay dividends?
Touchstone Bankshares typically pays dividends on a semi annually 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 Touchstone Bankshares pay dividends?
The general pattern is that Touchstone Bankshares pays dividends around January. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Touchstone Bankshares dividend safe?
The safety of Touchstone Bankshares'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 Touchstone Bankshares'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 Touchstone Bankshares'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.