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Tectonic Financial, Inc. Stock Dividends Overview

TECTP pays dividends quarterly. Last paid amount was $0.225 at May 15, 2024. As of today, dividend yield (TTM) is 8.86%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 8.86%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.225
Tectonic Financial, Inc. has not yet announced its next dividend date. Last payment date was: May 15, 2024.

TECTP Dividend Payout History

To ensure a understanding of TECTP's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 23, 2024 May 02, 2024 May 15, 2024 $0.225 2.17%
2 Jan 26, 2024 Feb 02, 2024 Feb 15, 2024 $0.225 2.21%
3 Oct 24, 2023 Nov 02, 2023 Nov 15, 2023 $0.225 2.24%
4 Jul 25, 2023 Aug 03, 2023 Aug 15, 2023 $0.225 2.24%
5 Apr 24, 2023 May 04, 2023 May 15, 2023 $0.225 2.25%
6 Jan 24, 2023 Feb 02, 2023 Feb 15, 2023 $0.225 2.20%
7 Oct 25, 2022 Nov 03, 2022 Nov 15, 2022 $0.225 2.20%
8 Jul 26, 2022 Aug 04, 2022 Aug 15, 2022 $0.225 2.17%
9 Apr 26, 2022 May 05, 2022 May 16, 2022 $0.225 2.15%
10 Jan 25, 2022 Feb 03, 2022 Feb 15, 2022 $0.225 2.14%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

low (50.00%)

Growth potential

No dividend expected

TECTP Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from TECTP dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TECTP stock here.

FAQ

What factors can affect the amount of TECTP's dividend payments?
The amount of TECTP's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in TECTP sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from TECTP stock be automatically reinvested?
If TECTP offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy TECTP stock.

How often does TECTP pay dividend?
Tectonic Financial, Inc. (TECTP) pays dividends quarterly. The most recent payout was on May 15, 2024.

How much does TECTP pays per share?
The last recorder (May 02, 2024) dividend per share was $0.225.

What is TECTP dividend growth rate?
Over the last year, Tectonic Financial, Inc. has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Tectonic Financial, Inc. has maintained an average Dividends Per Share Growth Rate of -0.221%.
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