Touchstone Bankshares Dividend
What is Touchstone Bankshares's current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
3.37%
Current Dividend Yield
Dividend Yield vs Market
| Touchstone Bankshares Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TSBA) | 3.4% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Banks) | 3.1% |
| Analyst forecast in 3 Years (TSBA) | n/a |
Notable Dividend: TSBA's dividend (3.37%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: TSBA's dividend (3.37%) is low compared to the top 25% of dividend payers in the US market (4.44%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/6/2023 | 0.32 | 3.37 |
| 12/12/2022 | 0.32 | 3.39 |
| 12/17/2021 | 0.3 | 2.69 |
| 12/17/2020 | 0.28 | 2.47 |
| 12/20/2018 | 0.28 | 2.33 |
| 12/21/2017 | 0.28 | 2.06 |
| 11/9/2016 | 0.28 | 2.33 |
| 11/13/2015 | 0.28 | 2.78 |
| 11/13/2014 | 0.28 | 2.82 |
| 11/14/2013 | 0.28 | 3.26 |
| 12/12/2012 | 0.27 | 3.51 |
Stable Dividend: TSBA's dividends per share have been stable in the past 10 years.
Growing Dividend: TSBA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.5%), TSBA'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.