As the day concludes, Tiptree TIPT is preparing to distribute a dividend payout of $0.05 per share, resulting in an annualized dividend yield of 1.36%. This payout is exclusive to investors who held the stock before the ex-dividend date on August 18, 2023.
Tiptree Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-18 | 4 | $0.05 | 1.36% | 2023-08-02 | 2023-08-21 | 2023-08-28 |
| 2023-05-19 | 4 | $0.05 | 1.43% | 2023-05-03 | 2023-05-22 | 2023-05-30 |
| 2023-03-17 | 4 | $0.05 | 1.29% | 2023-03-08 | 2023-03-20 | 2023-03-27 |
| 2022-11-18 | 4 | $0.04 | 1.28% | 2022-11-02 | 2022-11-21 | 2022-11-28 |
| 2022-08-19 | 4 | $0.04 | 1.44% | 2022-08-08 | 2022-08-22 | 2022-08-29 |
| 2022-05-20 | 4 | $0.04 | 1.36% | 2022-05-05 | 2022-05-23 | 2022-05-31 |
| 2022-03-18 | 4 | $0.04 | 1.36% | 2022-03-09 | 2022-03-21 | 2022-03-28 |
| 2021-11-19 | 4 | $0.04 | 1.01% | 2021-11-03 | 2021-11-22 | 2021-11-29 |
| 2021-08-20 | 4 | $0.04 | 1.66% | 2021-08-04 | 2021-08-23 | 2021-08-30 |
| 2021-05-21 | 4 | $0.04 | 1.7% | 2021-05-05 | 2021-05-24 | 2021-06-01 |
| 2021-03-19 | 4 | $0.04 | 2.86% | 2021-03-11 | 2021-03-22 | 2021-03-29 |
| 2020-11-20 | 4 | $0.04 | 3.16% | 2020-11-04 | 2020-11-23 | 2020-11-30 |
With a dividend yield that places it neither at the top nor the bottom, Tiptree finds itself in the middle among its industry peers, while Safety Insurance Group SAFT boasts the highest annualized dividend yield at 5.12%.
Analyzing Tiptree Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
The company demonstrated a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $0.15 to $0.16. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For Tiptree
The earnings chart highlights a decrease in Tiptree's earnings per share, declining from $0.39 in 2019 to $-0.30 in 2022. This decline in earnings raises a red flag for income-seeking investors, as it suggests a potential decrease in the company's ability to generate cash for dividend payouts. It is essential to closely examine the factors behind this decrease and assess the long-term impact on dividend sustainability.
Recap
This article delves into the recent dividend payout of Tiptree and its implications for shareholders. Presently, the company is distributing a dividend of $0.05 per share, leading to an annualized dividend yield of 1.36%.
With a dividend yield that places it neither at the top nor the bottom, Tiptree finds itself in the middle among its industry peers, while Safety Insurance Group boasts the highest annualized dividend yield at 5.12%.
Given that Tiptree has experienced an increase in dividend per share from 2019 to 2022 along with a decrease in earnings per share, it could indicate that the company is prioritizing dividend distribution to shareholders despite challenges in earnings growth.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
|---|
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