TECTP Projected Dividend Yield

9.00% Fixed-to-Floating Rate Ser B Non-Cumulative Perpetual Pfd Stk/Tectonic Financial Inc ( NASDAQ : TECTP )

Tectonic Financial is a financial holding company, engaged in providing banking, trust, investment advisory, third-party administration and recordkeeping, securities brokerage and insurance services to individuals, small businesses and institutions. Co.'s subsidiary, T Bank, NA (Bank) provides a range of commercial and consumer banking services to small- to medium-sized businesses, single-family residential and commercial contractors and consumers. The Bank provides a range of deposit services including demand deposits, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit with fixed rates and a range of maturity options.

16 YEAR PERFORMANCE RESULTS

TECTP Dividend History Detail
TECTP Dividend News
TECTP Competitors News
# of Shares: 0 Closing Price: 10.55 Current Market Value: 0.00 Cost Basis: 0.00 Date Acquired:
Dividend Cash Flow
Year Annual Dividend Dividend Growth # of Shares Annual Dividend Income Yield On Cost %
2019 0.45 0% 0 $ 0.00 0.00%
2020 0.90 99% 0 $ 0.00 0.00%
2021 0.90 0% 0 $ 0.00 0.00%
2022 0.90 0% 0 $ 0.00 0.00%
2023 0.90 0% 0 $ 0.00 0.00%
2024 1.07 19% 0 $ 0.00 0.00%
2025 1.21 28% 0 $ 0.00 11.47%
2026 1.48 28% 0 $ 0.00 14.68%
2027 1.89 28% 0 $ 0.00 18.80%
2028 2.42 28% 0 $ 0.00 24.07%
2029 3.10 28% 0 $ 0.00 30.81%
2030 3.96 28% 0 $ 0.00 39.45%
2031 5.07 28% 0 $ 0.00 50.51%
2032 6.50 28% 0 $ 0.00 64.67%
2033 8.32 28% 0 $ 0.00 82.79%
2034 10.65 28% 0 $ 0.00 106.00%
2035 13.63 28% 0 $ 0.00 135.71%
Using the current years Dividend Growth rate of 28% and projecting 28% forward the annual dividend income in 10yrs would be $ 0.00 with a yield on cost % of 135.71%
Rolling Last 4 qtrs dividends total $ 1.15 and Previous last 4 qtrs dividends total $ 0.90
Dividend 1 Yr Growth = ( 1.15 – 0.90 ) × 100 = 28% (Click the Edit pencil if you want to modify the forward dividend growth rate projection)
0.90
Year
Declaration Date
Ex-Dividend Date
Record Date
Payable Date
Dividend $ Amount
2025
Jan 28, 2025
Feb 07, 2025
Feb 07, 2025
Feb 18, 2025
0.3036
2025 Total:
0.3036
2024
Oct 25, 2024
Nov 05, 2024
Nov 05, 2024
Nov 15, 2024
0.3092
2024
Jul 26, 2024
Aug 05, 2024
Aug 05, 2024
Aug 15, 2024
0.3144
2024
Apr 23, 2024
May 02, 2024
May 03, 2024
May 15, 2024
0.2250
2024
Jan 26, 2024
Feb 02, 2024
Feb 05, 2024
Feb 15, 2024
0.2250
2024 Total:
1.0736
2023
Oct 24, 2023
Nov 02, 2023
Nov 03, 2023
Nov 15, 2023
0.2250
2023
Jul 25, 2023
Aug 03, 2023
Aug 04, 2023
Aug 15, 2023
0.2250
2023
Apr 24, 2023
May 04, 2023
May 05, 2023
May 15, 2023
0.2250
2023
Jan 24, 2023
Feb 02, 2023
Feb 03, 2023
Feb 15, 2023
0.2250
2023 Total:
0.9000
2022
Oct 25, 2022
Nov 03, 2022
Nov 04, 2022
Nov 15, 2022
0.2250
2022
Jul 26, 2022
Aug 04, 2022
Aug 05, 2022
Aug 15, 2022
0.2250
2022
Apr 26, 2022
May 05, 2022
May 06, 2022
May 16, 2022
0.2250
2022
Jan 25, 2022
Feb 03, 2022
Feb 04, 2022
Feb 15, 2022
0.2250
2022 Total:
0.9000
2021
Oct 26, 2021
Nov 04, 2021
Nov 05, 2021
Nov 15, 2021
0.2250
2021
Jul 27, 2021
Aug 05, 2021
Aug 06, 2021
Aug 16, 2021
0.2250
2021
Apr 27, 2021
May 06, 2021
May 07, 2021
May 17, 2021
0.2250
2021
Jan 25, 2021
Feb 04, 2021
Feb 05, 2021
Feb 15, 2021
0.2250
2021 Total:
0.9000
2020
Oct 27, 2020
Nov 05, 2020
Nov 06, 2020
Nov 16, 2020
0.2250
2020
Jul 27, 2020
Aug 06, 2020
Aug 07, 2020
Aug 17, 2020
0.2250
2020
Apr 24, 2020
May 04, 2020
May 05, 2020
May 15, 2020
0.2250
2020
Jan 23, 2020
Feb 04, 2020
Feb 05, 2020
Feb 17, 2020
0.2250
2020 Total:
0.9000
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