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

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) announced a quarterly dividend on Wednesday, April 24th, Wall Street Journal reports. Investors of record on Monday, June 3rd will be given a dividend of 0.3594 per share on Monday, June 17th. This represents a $1.44 dividend on an annualized basis and a yield of 7.49%. The ex-dividend date is Monday, June 3rd.

Texas Capital Bancshares Price Performance

TCBIO stock traded down $0.02 during midday trading on Wednesday, reaching $19.18. The company had a trading volume of 18,400 shares, compared to its average volume of 26,341. Texas Capital Bancshares has a 1 year low of $15.30 and a 1 year high of $21.19. The firm has a 50-day moving average price of $20.08 and a 200-day moving average price of $18.82.

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.