Third Century Bancorp Dividends and Buybacks
Dividend criteria checks 3/6
Third Century Bancorp is a dividend paying company with a current yield of 2.17% that is well covered by earnings. Next payment date is on 3rd January, 2025 with an ex-dividend date of 16th December, 2024.
Key information
2.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 8.6% |
| Next dividend pay date | 03 Jan 25 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | US$0.200 |
| Payout ratio | 5% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TDCB's dividend payments have been volatile in the past 10 years.
Growing Dividend: TDCB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Third Century Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TDCB) | 2.2% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (TDCB) (up to 3 years) | n/a |
Notable Dividend: TDCB's dividend (2.17%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: TDCB's dividend (2.17%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.4%), TDCB's dividend payments are thoroughly covered by earnings.
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.