TC Bancshares Dividend
What is TC Bancshares's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.62%
Current Dividend Yield
Dividend Yield vs Market
| TC Bancshares Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TCBC) | 0.6% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Mortgage) | 6.1% |
| Analyst forecast in 3 Years (TCBC) | n/a |
Notable Dividend: TCBC's dividend (0.62%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: TCBC's dividend (0.62%) is low compared to the top 25% of dividend payers in the US market (4.29%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/28/2023 | 0.1 | 0.62 |
| 12/27/2022 | 0.1 | 0.67 |
| 11/10/2022 | 0.1 | 0.67 |
| 8/11/2022 | 0.1 | 0.69 |
| 6/21/2022 | 0.2 | 1.46 |
Stable Dividend: TCBC is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: TCBC is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Earnings Coverage: TCBC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TCBC's dividend in 3 years as they are not forecast to pay a notable one for the US market.