Texas Capital Bancshares, Inc. Announces Quarterly Dividend of $0.36 (NASDAQ:TCBIO)

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) announced a quarterly dividend on Wednesday, October 23rd, Wall Street Journal reports. Shareholders of record on Monday, December 2nd will be given a dividend of 0.3594 per share on Monday, December 16th. This represents a $1.44 dividend on an annualized basis and a yield of 6.84%. The ex-dividend date of this dividend is Monday, December 2nd.

Texas Capital Bancshares Stock Down 1.4 %

NASDAQ:TCBIO opened at $21.02 on Thursday. Texas Capital Bancshares has a 1 year low of $15.52 and a 1 year high of $22.71. The stock’s 50 day simple moving average is $21.05 and its two-hundred day simple moving average is $20.04.

Texas Capital Bancshares Company Profile

Texas Capital Bancshares, Inc operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking; consumer banking; investment banking solutions, including capital markets, mergers and acquisitions, and syndicated finance, as well as financial sponsor coverage, capital solutions, and institutional services; and wealth management services, such as investment management, financial planning, lockbox and insurance, securities-based lending, estate planning, and business succession, as well as philanthropic, trustee and executor, custom credit, and depository services.