TriCo BancShares Declares Fresh Dividend

TriCo BancShares continues to keep its vault open for shareholder payouts. The company has declared a quarterly dividend of $0.11 per share, to be dispensed on September 30 to shareholders of record as of September 20. That amount matches the firm's previous distribution, which was paid at the end of June. Prior to that, TriCo BancShares had handed out $0.09 per share in every quarter starting in June 2010.

Since splitting its stock 2-for-1 in April 2004, the firm's quarterly payout has ranged from $0.09 to $0.13 per share.

The just-declared dividend annualizes to $0.44 per share. That yields 2.1% at TriCo BancShares' most recent closing stock price of $20.56.

The article TriCo BancShares Declares Fresh Dividend originally appeared on Fool.com.

Fool contributor Eric Volkman has no position in TriCo BancShares. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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