Triumph Financial (NASDAQ:TFINP) Trading Down 1.9% – Here’s Why

Triumph Financial, Inc. (NASDAQ:TFINP) was down 1.9% on Wednesday . The company traded as low as $20.85 and last traded at $20.41. Approximately 473 shares changed hands during trading, a decline of 85% from the average daily volume of 3,261 shares. The stock had previously closed at $20.80.

Triumph Financial Stock Down 1.9 %

The stock has a 50 day moving average price of $22.28 and a 200 day moving average price of $23.17.

Triumph Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Sunday, March 30th. Investors of record on Saturday, March 15th were issued a $0.4453 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.78 dividend on an annualized basis and a yield of 8.71%.

About Triumph Financial

Triumph Financial, Inc, a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans.