Tectonic Financial (NASDAQ:TECTP) Stock Price Up 0.5%

Tectonic Financial, Inc. (NASDAQ:TECTP) shares rose 0.5% during mid-day trading on Thursday . The stock traded as high as $10.30 and last traded at $10.30. Approximately 402 shares were traded during trading, a decline of 85% from the average daily volume of 2,682 shares. The stock had previously closed at $10.25.

Tectonic Financial Trading Down 0.6 %

The company has a 50 day moving average of $10.17 and a 200-day moving average of $10.12.

Tectonic Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Monday, February 5th were given a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 8.79%. The ex-dividend date was Friday, February 2nd.

About Tectonic Financial

Tectonic Financial, Inc, a financial holding company, provides banking and financial products and services to high net worth individuals, small businesses, and institutions in the United States. It offers commercial and consumer banking services, such as demand deposits, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit; commercial and real estate loans, dental loans, commercial real estate, construction loans, and consumer installment loans; and wealth management and trust services.