TriCo Bancshares Affirms Dividend Payment
TriCo Bancshares' investors are due to receive a payment of $0.33 per share on 21st of March, aligning with the average industry dividend yield. The company's payout ratio is at 38%, indicating a stable financial position for continued dividend payments. Analysts forecast an increase in EPS by 8.5% over the next three years, suggesting a potential long-term dividend growth.
- TriCo Bancshares' stable dividend payment policy and projected long-term growth make it an attractive option for income investors seeking consistent returns.
- What factors, beyond the company's financial performance, could influence TriCo Bancshares' stock price in the coming months, particularly given the broader market volatility?