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Texas Community Bancshares (Texas Community Bancshares) Dividend Yield % : 0.91% (As of Jun. 10, 2024)


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What is Texas Community Bancshares Dividend Yield %?

As of today (2024-06-10), the Trailing Annual Dividend Yield of Texas Community Bancshares is 0.91%.

Good Sign:

Texas Community Bancshares Inc stock dividend yield is close to 2-year high.

The historical rank and industry rank for Texas Community Bancshares's Dividend Yield % or its related term are showing as below:

TCBS' s Dividend Yield % Range Over the Past 10 Years
Min: 0.15   Med: 0.63   Max: 0.94
Current: 0.91

During the past 5 years, the highest Dividend Yield of Texas Community Bancshares was 0.94%. The lowest was 0.15%. And the median was 0.63%.

TCBS's Dividend Yield % is ranked worse than
94.89% of 1193 companies
in the Banks industry
Industry Median: 4.06 vs TCBS: 0.91

Texas Community Bancshares's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

As of today (2024-06-10), the Forward Dividend Yield % of Texas Community Bancshares is 1.12%.

Texas Community Bancshares's Dividends per Share for the three months ended in Mar. 2024 was $0.04.

During the past 12 months, Texas Community Bancshares's average Dividends Per Share Growth Rate was 550.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Texas Community Bancshares Dividend Yield % Historical Data

The historical data trend for Texas Community Bancshares's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Texas Community Bancshares Dividend Yield % Chart

Texas Community Bancshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
- - - - 0.78

Texas Community Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.41 0.62 0.78 0.89

Competitive Comparison of Texas Community Bancshares's Dividend Yield %

For the Banks - Regional subindustry, Texas Community Bancshares's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Texas Community Bancshares's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Texas Community Bancshares's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Texas Community Bancshares's Dividend Yield % falls into.



Texas Community Bancshares Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Texas Community Bancshares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0400002024-03-132024-03-142024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.0300002023-12-072023-12-082023-12-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.0300002023-09-072023-09-082023-09-25Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Texas Community Bancshares's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1/14.31
=0.70 %

Current Share Price is $14.31.
Texas Community Bancshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.1.

Texas Community Bancshares's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.16/14.31
=1.12 %

Current Share Price is $14.31.
Texas Community Bancshares's Dividends per Share for the forward twelve months is calculated as $0.04 * 4 = $0.16.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Texas Community Bancshares  (NAS:TCBS) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Texas Community Bancshares Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Texas Community Bancshares's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Texas Community Bancshares (Texas Community Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
215 West Broad Street, P.O. Box 410, Mineola, TX, USA, 75773
Texas Community Bancshares Inc is a full service bank. The company's business consists of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings from the Federal Home Loan Bank of Dallas, in residential real estate loans and commercial real estate loans and, to a lesser extent, commercial loans, construction and land loans, and consumer and other loans.
Executives
Glen Thurman director 215 WEST BROAD STREET, MINEOLA TX 75773
Jason Sobel officer: Bank President 215 WEST BROAD STREET, MINEOLA TX 75773
Haskell Strange officer: SVP and COO 215 WEST BROAD STREET, MINEOLA TX 75773
Kraig Yarbrough officer: SVP 215 WEST BROAD STREET, MINEOLA TX 75773
Herlocker James H. Iii director, officer: Chairman, President and CEO 215 WEST BROAD STREET, MINEOLA TX 75773
Clifton D. Bradshaw director 215 WEST BROAD STREET, MINEOLA TX 75773
Sofia Gurrusquieta officer: Compliance, BSA, CRA Officer 215 WEST BROAD STREET, MINEOLA TX 75773
Sheree A. Mize director, officer: Corporate Secretary 215 WEST BROAD STREET, MINEOLA TX 75773
Julie Sharff officer: Chief Financial Officer 215 WEST BROAD STREET, MINEOLA TX 75773
Brittany Bessonett officer: SVP and Marketing Officer 215 WEST BROAD STREET, MINEOLA TX 75773
Terri Baucum officer: SVP & CLO 215 WEST BROAD STREET, MINEOLA TX 75773
Demethrius Boyd director 215 WEST BROAD STREET, MINEOLA TX 75773
Anthony Scavuzzo director 215 WEST BROAD STREET, MINEOLA TX 75773
Bryan Summerville director 215 WEST BROAD STREET, MINEOLA TX 75773
Kerry Kindle director 215 WEST BROAD STREET, MINEOLA TX 75773

Texas Community Bancshares (Texas Community Bancshares) Headlines