Tiptree's latest quarterly cash dividend of $0.05 per share was issued to shareholders on record before Aug 18, 2023. At an annualized rate of $0.19 per share, the stock yields 1.13%.
Tiptree's dividend yield of 1.13% is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 3.73%, Tiptree's dividend yield is 70% lower. The historical 5-year average of TIPT's dividend yield is 1.8%, which is higher than the current yield.
Tiptree has a dividend history dating as far as 2011, but consistently the company has been paying dividends for the last eight consecutive years. Our records show that TIPT has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 19% since twelve months ago. However with the price of the stock up by 56% from a year ago, the dividend yield has a decrease of 24%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 18, 2023 | Aug 28, 2023 | Aug 2, 2023 | $0.05 | normal |
| May 19, 2023 | May 30, 2023 | May 3, 2023 | $0.05 | normal |
| Mar 17, 2023 | Mar 27, 2023 | Mar 8, 2023 | $0.05 | normal |
| Nov 18, 2022 | Nov 28, 2022 | Nov 2, 2022 | $0.04 | normal |
| Aug 19, 2022 | Aug 29, 2022 | Aug 8, 2022 | $0.04 | normal |
| May 20, 2022 | May 31, 2022 | May 5, 2022 | $0.04 | normal |
| Mar 18, 2022 | Mar 28, 2022 | Mar 9, 2022 | $0.04 | normal |
| Nov 19, 2021 | Nov 29, 2021 | Nov 3, 2021 | $0.04 | normal |
| Aug 20, 2021 | Aug 30, 2021 | Aug 4, 2021 | $0.04 | normal |
| May 21, 2021 | Jun 1, 2021 | May 5, 2021 | $0.04 | normal |
| Mar 19, 2021 | Mar 29, 2021 | Mar 11, 2021 | $0.04 | normal |
| Nov 20, 2020 | Nov 30, 2020 | Nov 4, 2020 | $0.04 | normal |
| Aug 21, 2020 | Aug 31, 2020 | Aug 5, 2020 | $0.04 | normal |
| May 15, 2020 | May 25, 2020 | May 5, 2020 | $0.04 | normal |
| Mar 20, 2020 | Mar 30, 2020 | Mar 5, 2020 | $0.04 | normal |
| Nov 15, 2019 | Nov 25, 2019 | Nov 5, 2019 | $0.04 | normal |
| Aug 16, 2019 | Aug 26, 2019 | Aug 1, 2019 | $0.04 | normal |
| May 17, 2019 | May 27, 2019 | May 2, 2019 | $0.04 | normal |
| Mar 22, 2019 | Apr 1, 2019 | Mar 13, 2019 | $0.035 | normal |
| Nov 16, 2018 | Nov 26, 2018 | Nov 1, 2018 | $0.035 | normal |
| Aug 17, 2018 | Aug 27, 2018 | Aug 2, 2018 | $0.035 | normal |
Tiptree's payout ratio of 34.5% is above the Financial Services sector and the industry average. But compared to its Financial Services sector average of 33.5%, Tiptree's payout ratio is only 3% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MPW Medical Properties Trust Inc | 18.72% | $1.02 | 927.3% |
| TWO Two Harbors Investment Corp | 17.6% | $2.33 | N/A |
| TIPT Tiptree Inc | 1.13% | $0.19 | 34.5% |
Yes, Tiptree has paid four dividends in the last twelve months. TIPT has been paying dividends since 2015.
TIPT hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in November 2023.
Tiptree's last regular dividend was on Aug 18, 2023 (ex-date) with the amount of $0.05 per share.
TIPT has paid dividend of $0.19 per share in the last year.
Tiptree's current dividend yield is 1.13%.
Tiptree has a quarterly dividend frequency.
Tiptree's dividend payout ratio is 34.5%.
Tiptree's dividend yield is lower than the Financial Services sector average.