Traditions Bancorp Dividends and Buybacks
Dividend criteria checks 1/6
Traditions Bancorp is a dividend paying company with a current yield of 0.98% that is well covered by earnings.
Key information
1.0%
Dividend yield
0.006%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | -13.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.320 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TRBK has been paying a dividend for less than 10 years.
Growing Dividend: TRBK has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| Traditions Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TRBK) | 1.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (TRBK) (up to 3 years) | n/a |
Notable Dividend: TRBK's dividend (0.98%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: TRBK's dividend (0.98%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.2%), TRBK's dividend payments are well 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.