Third Century Bancorp (TDCB) Declares $0.10 Dividend
Third Century Bancorp said on May 18, 2023 that its board of directors declared a regular quarterly dividend of $0.10 per share ($0.40 annualized). Previously, the company paid $0.10 per share.
Shares must be purchased before the ex-div date of June 14, 2023 to qualify for the dividend. Shareholders of record as of June 15, 2023 will receive the payment on July 5, 2023.
At the current share price of $7.70 / share, the stock's dividend yield is 5.19%.
Looking back five years and taking a sample every week, the average dividend yield has been 2.41%, the lowest has been 1.70%, and the highest has been 4.21%. The standard deviation of yields is 0.48 (n=172).
The current dividend yield is 5.76 standard deviations above the historical average.
The company's 3-Year dividend growth rate is 0.43%, demonstrating that it has increased its dividend over time.
Learn to Harvest Dividends
Buy Stock. Capture Dividend. Sell Stock. Repeat. This is the essence of dividend harvesting and you can do it easily with Fintel's Dividend Capture Calendar.
What is the Fund Sentiment?
There are 1 funds or institutions reporting positions in Third Century Bancorp. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to TDCB is 0.00%, a decrease of 13.81%. Total shares owned by institutions decreased in the last three months by 0.00% to 11K shares.
What are Other Shareholders Doing?
MAI Capital Management holds 11K shares. No change in the last quarter.
This story originally appeared on Fintel.