Why TriCo (TCBK) is a Great Dividend Stock Right Now

Company Overview - TriCo (TCBK) is based in Chico and operates in the Finance sector, with a year-to-date share price change of 3.68% [3] - The company currently pays a dividend of $0.36 per share, resulting in a dividend yield of 3.18%, which is higher than the Banks - West industry's yield of 2.78% and the S&P 500's yield of 1.51% [3] Dividend Performance - The annualized dividend of TriCo is $1.44, reflecting a 9.1% increase from the previous year [4] - Over the past five years, TriCo has increased its dividend three times, achieving an average annual increase of 9.48% [4] - The current payout ratio is 39%, indicating that the company pays out 39% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for TriCo's earnings in 2025 is $3.48 per share, with an expected increase of 0.58% from the previous year [5] - The company is viewed as a compelling investment opportunity due to its attractive dividend and strong earnings growth potential [6]