Texas Community Bancshares Dividends and Buybacks
Dividend criteria checks 0/6
Texas Community Bancshares is a dividend paying company with a current yield of 1.07%. Next payment date is on 26th December, 2024 with an ex-dividend date of 12th December, 2024.
Key information
1.1%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 21.3% |
| Next dividend pay date | 26 Dec 24 |
| Ex dividend date | 12 Dec 24 |
| Dividend per share | US$0.160 |
| Payout ratio | -21% |
Recent dividend and buyback updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TCBS has been paying a dividend for less than 10 years.
Growing Dividend: TCBS's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Texas Community Bancshares Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TCBS) | 1.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (TCBS) (up to 3 years) | n/a |
Notable Dividend: TCBS's dividend (1.07%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: TCBS's dividend (1.07%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: TCBS is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.