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TriCo Bancshares (TriCo Bancshares) 5-Year Dividend Growth Rate : 11.20% (As of Dec. 2023)


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What is TriCo Bancshares 5-Year Dividend Growth Rate?

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

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.

TriCo Bancshares's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.39. As of today, TriCo Bancshares's Dividend Yield % is 3.63%.

Good Sign:

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

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


Competitive Comparison of TriCo Bancshares's 5-Year Dividend Growth Rate

For the Banks - Regional subindustry, TriCo Bancshares's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 5-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, TriCo Bancshares's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where TriCo Bancshares's 5-Year Dividend Growth Rate falls into.



TriCo Bancshares 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


TriCo Bancshares  (NAS:TCBK) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

TriCo Bancshares's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.3/ 0.774
=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.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.23/33.85
=3.63 %

Current Share Price is $33.85.
TriCo Bancshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.23.

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%.

Good Sign:

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

* 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 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of TriCo Bancshares's 5-Year Dividend Growth Rate 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