TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to individual and corporate customers. The company accepts demand, savings, and time deposits. It also provides small business loans; real estate mortgage loans, such as residential and commercial loans; consumer loans; commercial loans, including agricultural loans; and real estate construction loans. In addition, the company offers treasury management services; and other customary banking services, including safe deposit boxes; and independent financial and broker-dealer services. It operates 61 traditional branches, 7 in-store branches, and 7 loan production offices in 31 counties throughout California. The company was founded in 1975 and is headquartered in Chico, California.
TriCo Bancshares Dividend Announcement
• TriCo Bancshares announced a quarterly dividend of $0.33 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-09-06
• TriCo Bancshares annual dividend for 2024 was $1.32
• TriCo Bancshares annual dividend for 2023 was $1.20
• TriCo Bancshares's trailing twelve-month (TTM) dividend yield is 4.57%
• TriCo Bancshares's payout ratio for the trailing twelve months (TTM) is 37.38%
• TriCo Bancshares's dividend growth over the last five years (2018-2023) was 11.38% year
• TriCo Bancshares's dividend growth over the last ten years (2013-2023) was 11.07% year
TriCo Bancshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-06 | $0.33 | quarterly | 2024-09-20 |
2024-08-22 | $0.33 | quarterly | 2024-09-20 |
2024-06-07 | $0.33 | quarterly | 2024-06-21 |
2024-03-07 | $0.33 | quarterly | 2024-03-22 |
2023-12-07 | $0.30 | quarterly | 2023-12-22 |
2023-09-07 | $0.30 | quarterly | 2023-09-22 |
2023-06-08 | $0.30 | quarterly | 2023-06-23 |
2023-03-16 | $0.30 | quarterly | 2023-03-24 |
2022-12-08 | $0.30 | quarterly | 2022-12-23 |
2022-09-08 | $0.30 | quarterly | 2022-09-23 |
2022-06-09 | $0.25 | quarterly | 2022-06-24 |
2022-03-10 | $0.25 | quarterly | 2022-03-25 |
2021-12-16 | $0.25 | quarterly | 2021-12-31 |
2021-09-09 | $0.25 | quarterly | 2021-09-24 |
2021-06-10 | $0.25 | quarterly | 2021-06-25 |
2021-03-11 | $0.25 | quarterly | 2021-03-26 |
2020-12-03 | $0.22 | quarterly | 2020-12-18 |
2020-09-10 | $0.22 | quarterly | 2020-09-25 |
2020-06-11 | $0.22 | quarterly | 2020-06-26 |
2020-03-12 | $0.22 | quarterly | 2020-03-27 |
2019-12-12 | $0.22 | quarterly | 2019-12-30 |
2019-09-12 | $0.22 | quarterly | 2019-09-27 |
2019-06-13 | $0.19 | quarterly | 2019-06-28 |
2019-03-14 | $0.19 | quarterly | 2019-03-29 |
2018-12-13 | $0.19 | quarterly | 2018-12-28 |
2018-09-13 | $0.17 | quarterly | 2018-09-28 |
2018-06-14 | $0.17 | quarterly | 2018-06-29 |
2018-03-15 | $0.17 | quarterly | 2018-03-30 |
2017-12-14 | $0.17 | quarterly | 2017-12-29 |
2017-09-14 | $0.17 | quarterly | 2017-09-29 |
2017-06-13 | $0.17 | quarterly | 2017-06-30 |
2017-03-16 | $0.15 | quarterly | 2017-03-31 |
2016-12-13 | $0.15 | quarterly | 2016-12-30 |
2016-09-12 | $0.15 | quarterly | 2016-09-30 |
2016-06-15 | $0.15 | quarterly | 2016-06-30 |
2016-03-14 | $0.15 | quarterly | 2016-03-31 |
2015-12-16 | $0.15 | quarterly | 2015-12-31 |
2015-09-16 | $0.13 | quarterly | 2015-09-30 |
2015-06-15 | $0.13 | quarterly | 2015-06-30 |
2015-03-18 | $0.11 | quarterly | 2015-03-31 |
2014-12-17 | $0.11 | quarterly | 2014-12-31 |
2014-09-17 | $0.11 | quarterly | 2014-09-30 |
2014-06-16 | $0.11 | quarterly | 2014-06-30 |
2014-03-17 | $0.11 | quarterly | 2014-03-31 |
2013-12-18 | $0.11 | quarterly | 2013-12-31 |
2013-09-18 | $0.11 | quarterly | 2013-09-30 |
2013-06-19 | $0.11 | quarterly | 2013-06-28 |
2013-03-15 | $0.09 | quarterly | 2013-03-29 |
TriCo Bancshares Dividend per year
TriCo Bancshares Dividend growth
TriCo Bancshares Dividend Yield
TriCo Bancshares current trailing twelve-month (TTM) dividend yield is 4.57%. Interested in purchasing TriCo Bancshares stock? Use our calculator to estimate your expected dividend yield:
TriCo Bancshares Financial Ratios
TriCo Bancshares Dividend FAQ
Other factors to consider when evaluating TriCo Bancshares 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: TriCo Bancshares'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, TriCo Bancshares 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, TriCo Bancshares 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 TriCo Bancshares 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: TriCo Bancshares 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, TriCo Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TriCo Bancshares 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 TriCo Bancshares'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 TriCo Bancshares'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.