TriCo Bancshares Announces Quarterly Cash Dividend

Rhea-AI Summary

TriCo Bancshares (NASDAQ: TCBK) has declared a quarterly cash dividend of $0.30 per share on March 6, 2023. The dividend is payable on March 24, 2023, to shareholders on record as of March 17, 2023. Founded in 1975, Tri Counties Bank, a subsidiary of TriCo Bancshares, offers comprehensive banking services throughout Northern and Central California, along with around-the-clock ATM, online, and mobile access. This dividend reflects the company's commitment to providing value to its shareholders amid a competitive banking landscape.

Positive

• Declared quarterly cash dividend of $0.30 per share.
• Dividend payment scheduled on March 24, 2023.
• Demonstrates commitment to returning value to shareholders.

Negative

• None.

CHICO, Calif.--(BUSINESS WIRE)-- The Board of Directors of TriCo Bancshares (NASDAQ: TCBK) (the “Company”), parent company of Tri Counties Bank, declared a quarterly cash dividend of $0.30 (thirty cents) per share on its common stock, no par value on March 6, 2023. The dividend is payable on March 24, 2023 to holders of record on March 17, 2023.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230306005317/en/

Peter G. Wiese, EVP & CFO, (530) 898-0300

Source: TriCo Bancshares

FAQ

What is the dividend amount declared by TriCo Bancshares?

TriCo Bancshares declared a quarterly cash dividend of $0.30 per share.

When is the dividend payment date for TCBK?

The dividend payment date for TCBK is March 24, 2023.

What is the record date for the dividend of TriCo Bancshares?

The record date for the dividend is March 17, 2023.

How often does TriCo Bancshares pay dividends?

TriCo Bancshares pays dividends quarterly.

Is the dividend from TriCo Bancshares sustainable?

The sustainability of the dividend would rely on the company's ongoing financial performance.