Truxton (TRUX) Declares $0.38 Dividend

Truxton said on April 19, 2023 that its board of directors declared a regular quarterly dividend of $0.38 per share ($1.52 annualized). Previously, the company paid $0.34 per share.

Shares must be purchased before the ex-div date of June 8, 2023 to qualify for the dividend. Shareholders of record as of June 9, 2023 will receive the payment on June 26, 2023.

At the current share price of $63.16 / share, the stock's dividend yield is 2.41%. Looking back five years and taking a sample every week, the average dividend yield has been 2.29%, the lowest has been 1.60%, and the highest has been 3.20%. The standard deviation of yields is 0.27 (n=193).

The current dividend yield is 0.42 standard deviations above the historical average.

The company's 3-Year dividend growth rate is 0.36%, demonstrating that it has increased its dividend over time.

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What is the Fund Sentiment?

There are 2 funds or institutions reporting positions in Truxton. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to TRUX is 0.02%, a decrease of 39.80%. Total shares owned by institutions decreased in the last three months by 0.00% to 12K shares.

What are Other Shareholders Doing?

Lee Danner & Bass holds 5K shares. No change in the last quarter.

Lbmc Investment Advisors holds 7K shares. No change in the last quarter.

This story originally appeared on Fintel.