By the close of today, January 10, 2024, TerraVest Industries TVK will issue a dividend payout of $0.15 per share, resulting in an annualized dividend yield of 1.59%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on December 28, 2023.
TerraVest Industries Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-28 | 4 | $0.15 | 1.59% | 2023-12-13 | 2023-12-31 | 2024-01-10 |
| 2023-09-28 | 4 | $0.12 | 1.36% | 2023-08-11 | 2023-09-30 | 2023-10-10 |
| 2023-06-29 | 4 | $0.12 | 1.79% | 2023-05-10 | 2023-06-30 | 2023-07-10 |
| 2023-03-30 | 4 | $0.12 | 1.82% | 2023-02-09 | 2023-03-31 | 2023-04-11 |
| 2022-12-29 | 4 | $0.12 | 1.98% | 2022-12-14 | 2022-12-31 | 2023-01-10 |
| 2022-09-29 | 4 | $0.1 | 1.68% | 2022-08-10 | 2022-09-30 | 2022-10-11 |
| 2022-06-29 | 4 | $0.1 | 1.72% | 2022-05-12 | 2022-06-30 | 2022-07-11 |
| 2022-03-30 | 4 | $0.1 | 1.71% | 2022-02-10 | 2022-03-31 | 2022-04-11 |
| 2021-12-30 | 4 | $0.1 | 1.41% | 2021-12-08 | 2021-12-31 | 2022-01-10 |
| 2021-09-29 | 4 | $0.1 | 2.02% | 2021-08-11 | 2021-09-30 | 2021-10-12 |
| 2021-06-29 | 4 | $0.1 | 2.68% | 2021-05-12 | 2021-06-30 | 2021-07-12 |
| 2021-03-30 | 4 | $0.1 | 2.43% | 2021-02-11 | 2021-03-31 | 2021-04-12 |
Analyzing TerraVest Industries 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
During the period of 2020 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $0.40 to $0.53, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For TerraVest Industries
The earnings chart illustrates an increase in TerraVest Industries's earnings per share, from $1.37 in 2020 to $2.32 in 2023. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
This article delves into the recent dividend payout of TerraVest Industries and its implications for shareholders. Presently, the company is distributing a dividend of $0.15 per share, leading to an annualized dividend yield of 1.59%.
Given that TerraVest Industries has experienced an increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on TerraVest Industries's previous dividends.
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.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
