AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
TriCo Bancshares Raises Dividend by 9%, Maintains Share Repurchase Plan
ByAinvest
Tuesday, Aug 26, 2025 1:47 pm ET1min read
TriCo Bancshares declared a quarterly dividend of 36 cents per share, a nearly 9.1% increase from the prior payout. This marks the company's 144th consecutive quarterly dividend and a fourfold increase over the past 15 years. The company maintains a healthy payout ratio of 39% and an annualized dividend growth rate of 9.48%.
Chico, Calif. - TriCo Bancshares (NASDAQ: TCBK), the parent company of Tri Counties Bank, has announced a significant increase in its quarterly cash dividend. The Board of Directors has declared a quarterly cash dividend of $0.36 per share, representing a 9.1% increase from the previous quarter. This marks the 144th consecutive quarterly cash dividend paid by the company, which has consistently grown its dividend over the past 15 years.The dividend, payable on September 19, 2025, to shareholders of record as of September 5, 2025, is part of the bank's strategy to reward shareholders and reflect its confidence in future growth. The dividend yields 2.94% at current prices, according to InvestingPro analysis, suggesting the stock may be undervalued based on its Fair Value model.
TriCo Bancshares, established in 1975, operates with assets of nearly $10 billion, providing consumer, small business, and commercial banking services across California. The company has maintained a healthy payout ratio of 39% and an annualized dividend growth rate of 9.48% over the past five years, indicating its commitment to shareholder returns.
In other recent news, TriCo Bancshares has appointed Baker Tilly US, LLP as its new independent registered public accounting firm. This change comes after the merger of its previous auditor, Moss Adams LLP, with Baker Tilly. The transition was approved by TriCo’s Board of Directors following Moss Adams’ resignation due to the merger.
TriCo Bancshares' consistent dividend growth and robust earnings performance make it an attractive option for income-focused investors. With a 3.36% yield and a price-to-book ratio of 5.6x, the stock offers a compelling blend of earnings momentum and disciplined capital returns.
For more information, please refer to the following sources:
[1] https://www.investing.com/news/company-news/trico-bancshares-increases-quarterly-dividend-by-91-to-036-93CH-4209754
[2] https://www.ainvest.com/news/trico-bancshares-dividend-powerhouse-high-growth-regional-bank-2508/
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet