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TriCo Bancshares Announces Quarterly Cash Dividend

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Rhea-AI Summary

TriCo Bancshares (NASDAQ: TCBK) announced a quarterly cash dividend of $0.22 per share on November 19, 2020. This dividend will be payable on December 18, 2020 to shareholders recorded as of December 4, 2020. The company, founded in 1975, operates Tri Counties Bank, which offers a range of consumer and commercial banking services across Northern and Central California. The bank emphasizes customer service and provides online and mobile banking options.

Positive
  • Quarterly cash dividend declared at $0.22 per share, enhancing shareholder returns.
  • Dividends demonstrate company confidence in financial stability.
Negative
  • None.

CHICO, Calif.--()--The Board of Directors of TriCo Bancshares (NASDAQ: TCBK) (the “Company”), parent company of Tri Counties Bank, declared a quarterly cash dividend of $0.22 (twenty-two cents) per share on its common stock, no par value on November 19, 2020. The dividend is payable on December 18, 2020 to holders of record on December 4, 2020.

Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares (NASDAQ: TCBK) headquartered in Chico, California, providing a unique brand of customer Service with Solutions available in traditional stand-alone and in-store bank branches in communities throughout Northern and Central California. Tri Counties Bank provides an extensive and competitive breadth of consumer, small business and commercial banking financial services, along with convenient around-the-clock ATM, online and mobile banking access. Brokerage services are provided by Tri Counties Advisors through affiliation with Raymond James Financial Services, Inc. Visit www.TriCountiesBank.com to learn more.

Contacts

Peter G. Wiese
Executive Vice President & CFO
(530) 898-0300

FAQ

What is the dividend amount for TriCo Bancshares (TCBK)?

The dividend amount declared by TriCo Bancshares is $0.22 per share.

When is the dividend payment date for TCBK?

The dividend is payable on December 18, 2020.

What is the record date for the TCBK dividend?

The record date for the dividend is December 4, 2020.

How often does TriCo Bancshares pay dividends?

TriCo Bancshares typically pays dividends quarterly.

Is the dividend from TCBK sustainable?

The sustainability of dividends depends on the company's ongoing financial performance.

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