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TriCo Bancshares (TriCo Bancshares) Dividend Yield % : 3.58% (As of Apr. 26, 2024)


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What is TriCo Bancshares Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of TriCo Bancshares is 3.58%.

Good Sign:

TriCo Bancshares stock dividend yield is close to 10-year high.

The historical rank and industry rank for TriCo Bancshares's Dividend Yield % or its related term are showing as below:

TCBK' s Dividend Yield % Range Over the Past 10 Years
Min: 1.41   Med: 1.96   Max: 3.91
Current: 3.58

During the past 13 years, the highest Dividend Yield of TriCo Bancshares was 3.91%. The lowest was 1.41%. And the median was 1.96%.

TCBK's Dividend Yield % is ranked worse than
56.76% of 1205 companies
in the Banks industry
Industry Median: 3.98 vs TCBK: 3.58

TriCo Bancshares's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.39.

During the past 13 years, the highest Dividend Payout Ratio of TriCo Bancshares was 0.41. The lowest was 0.25. And the median was 0.28.

As of today (2024-04-26), the Forward Dividend Yield % of TriCo Bancshares is 3.84%.

TriCo Bancshares's Dividends per Share for the three months ended in Dec. 2023 was $0.30.

During the past 12 months, TriCo Bancshares's average Dividends Per Share Growth Rate was 9.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of TriCo Bancshares was 36.10% per year. The lowest was -11.50% per year. And the median was 10.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


TriCo Bancshares Dividend Yield % Historical Data

The historical data trend for TriCo Bancshares's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TriCo Bancshares Dividend Yield % Chart

TriCo Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.01 2.49 2.33 2.16 2.79

TriCo Bancshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.16 2.77 3.61 3.75 2.79

Competitive Comparison of TriCo Bancshares's Dividend Yield %

For the Banks - Regional subindustry, TriCo Bancshares's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TriCo Bancshares's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, TriCo Bancshares's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where TriCo Bancshares's Dividend Yield % falls into.



TriCo Bancshares Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

TriCo Bancshares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3302024-03-072024-03-082024-03-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-12-072023-12-082023-12-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-09-072023-09-082023-09-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-06-082023-06-092023-06-23Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

TriCo Bancshares's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.23/34.40
=3.58 %

Current Share Price is $34.40.
TriCo Bancshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.23.

TriCo Bancshares's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.32/34.40
=3.84 %

Current Share Price is $34.40.
TriCo Bancshares's Dividends per Share for the forward twelve months is calculated as $0.33 * 4 = $1.32.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TriCo Bancshares  (NAS:TCBK) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


TriCo Bancshares Dividend Yield % Related Terms

Thank you for viewing the detailed overview of TriCo Bancshares's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


TriCo Bancshares (TriCo Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
63 Constitution Drive, Chico, CA, USA, 95973
TriCo Bancshares is a California corporation organized to act as a bank holding company for Tri Counties Bank. The Bank is a California-chartered bank that is engaged in the general commercial and retail banking business in California counties. The Bank provides a breadth of personal, small business and commercial financial services including accepting demand, savings and time deposits and making small business, commercial, real estate, and consumer loans, as well as a range of Treasury Management Services and other customary banking services including safe deposit boxes at some branches. The company's primary source of revenue is the net interest income.
Executives
Giese Cory W director, officer: EVP Wholesale Banking 63 CONSTITUTION DRIVE, CHICO CA 95973
Michael W Koehnen director 63 CONSTITUTION DRIVE, CHICO CA 95973
Anthony L. Leggio director 11601 BOLTHOUSE DRIVE. SUITE 200, BAKERSFIELD CA 93311
Jon Nakamura director 63 CONSTITUTION DRIVE, CHICO CA 95973
Richard P Smith director, officer: President & CEO 63 CONSTITUTION DRIVE, CHICO CA 95973
W Virginia Walker director, officer: EVP Wholesale Banking 63 CONSTITUTION DRIVE, CHICO CA 95973
Judi Giem officer: Chief Human Resource Officer 63 CONSTITUTION DRIVE, CHICO CA 95973
Margaret L Kane director 63 CONSITUTION DIVE, CHICO CA 95973
Kirsten E Garen director 63 CONSTITUTION DRIVE, CHICO CA 95973
Kimberley H Vogel director 63 CONSTITUTION DRIVE, CHICO CA 95973
Craig B Carney other: SR VP/Cheif Credit Officer 63 CONSTITUTION DR, CHICO CA 95973
Peter G Wiese officer: EVP/Chief Financial Officer 63 CONSTITUTION DR, CHICO CA 95973
Thomas G Atwood director
Thomas C Mcgraw director C/O FNB BANCORP, 975 EL CAMINO REAL, SOUTH SAN FRANCISCO CA 94080
Gregory A Gehlmann officer: SVP General Counsel TRICO BANCSHARES, 63 CONSTITUTION DRIVE, CHICO CA 95973