Tri City Bankshares Corporation, through its subsidiaries, provides various banking products and services primarily in Southeastern Wisconsin. The company accepts checking accounts, savings accounts, money market accounts, youth and health savings accounts, certificates of deposit, and individual retirement accounts. Its loan products include home mortgage loans, home equity loans, auto loans, construction and land loans, personal and business loans, commercial real estate loans, business lines of credit, and small business loans. The company also offers credit and debits cards; and digital banking, refinancing, overdraft protection, merchant services, remote deposit capture, bill pay, payroll, ATM, gift card, telephone banking, direct deposit, safe deposit boxes, and investment services. Tri City Bankshares Corporation was founded in 1963 and is based in Oak Creek, Wisconsin.
Tri City Bankshares Dividend Announcement
• Tri City Bankshares announced a quarterly dividend of $0.18 per ordinary share which will be made payable on 2024-11-07. Ex dividend date: 2024-10-28
• Tri City Bankshares annual dividend for 2024 was $0.72
• Tri City Bankshares annual dividend for 2023 was $0.72
• Tri City Bankshares's trailing twelve-month (TTM) dividend yield is 6.77%
• Tri City Bankshares's dividend growth over the last five years (2018-2023) was 8.45% year
Tri City Bankshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-28 | $0.18 | quarterly | 2024-11-07 |
2024-07-29 | $0.18 | quarterly | 2024-08-08 |
2024-04-26 | $0.18 | quarterly | 2024-05-09 |
2024-01-26 | $0.18 | quarterly | 2024-02-08 |
2023-10-27 | $0.18 | quarterly | 2023-11-09 |
2023-07-28 | $0.18 | quarterly | 2023-08-10 |
2023-04-28 | $0.18 | quarterly | 2023-05-11 |
2023-01-27 | $0.18 | quarterly | 2023-02-09 |
2022-10-28 | $0.21 | quarterly | 2022-11-10 |
2022-07-29 | $0.13 | quarterly | 2022-08-11 |
2022-04-29 | $0.13 | quarterly | 2022-05-12 |
2022-01-28 | $0.13 | quarterly | 2022-02-10 |
2021-10-29 | $0.13 | quarterly | 2021-11-11 |
2021-07-30 | $0.13 | quarterly | 2021-08-12 |
2021-04-30 | $0.13 | quarterly | 2021-05-13 |
2021-01-29 | $0.13 | quarterly | 2021-02-11 |
2020-10-23 | $0.13 | quarterly | 2020-11-05 |
2020-07-31 | $0.13 | quarterly | 2020-08-13 |
2020-05-01 | $0.13 | quarterly | 2020-05-14 |
2020-01-31 | $0.13 | quarterly | 2020-02-13 |
2019-10-25 | $0.13 | quarterly | 2019-11-07 |
2019-04-18 | $0.13 | quarterly | 2019-05-02 |
2019-01-25 | $0.13 | quarterly | 2019-02-07 |
2018-10-19 | $0.12 | quarterly | 2018-11-01 |
2018-07-20 | $0.12 | quarterly | 2018-08-02 |
2018-04-20 | $0.12 | quarterly | 2018-05-03 |
2018-01-26 | $0.12 | quarterly | 2018-02-08 |
2017-10-20 | $0.12 | quarterly | 2017-11-02 |
2017-07-20 | $0.12 | quarterly | 2017-08-03 |
2017-04-20 | $0.12 | quarterly | 2017-05-04 |
2016-10-27 | $0.12 | quarterly | |
2016-07-21 | $0.12 | quarterly | |
2016-04-21 | $0.12 | quarterly | |
2016-01-28 | $0.12 | quarterly | |
2015-10-22 | $0.12 | quarterly | |
2015-07-23 | $0.12 | quarterly | |
2015-04-23 | $0.12 | quarterly | |
2015-01-22 | $0.12 | quarterly | |
2012-12-13 | $1.70 | quarterly | |
2012-10-18 | $0.21 | quarterly | |
2012-07-19 | $0.21 | quarterly | |
2012-04-19 | $0.21 | quarterly | |
2011-12-29 | $0.21 | quarterly |
Tri City Bankshares Dividend per year
Tri City Bankshares Dividend growth
Tri City Bankshares Dividend Yield
Tri City Bankshares current trailing twelve-month (TTM) dividend yield is 6.77%. Interested in purchasing Tri City Bankshares stock? Use our calculator to estimate your expected dividend yield:
Tri City Bankshares Financial Ratios
Tri City Bankshares Dividend FAQ
Other factors to consider when evaluating Tri City 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.
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1. Determination of Dividend: Tri City 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, Tri City 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, Tri City 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 Tri City 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.
1. Record Date: Tri City 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, Tri City 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: Tri City 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.
To assess the safety of Tri City 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 Tri City 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.