First Citizens BancShares (NASDAQ:FCNCO) Stock Price Down 0.5% – What’s Next?

First Citizens BancShares, Inc. (NASDAQ:FCNCO)’s share price fell 0.5% during trading on Tuesday . The stock traded as low as $22.62 and last traded at $22.64. 6,082 shares were traded during mid-day trading, a decline of 63% from the average session volume of 16,568 shares. The stock had previously closed at $22.75.

First Citizens BancShares Stock Down 0.5%

The firm has a 50 day moving average of $22.71 and a 200 day moving average of $22.56.

First Citizens BancShares Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be paid a $0.3516 dividend. The ex-dividend date is Friday, November 28th. This is a positive change from First Citizens BancShares’s previous quarterly dividend of $0.35. This represents a $1.41 annualized dividend and a yield of 6.2%.

First Citizens BancShares Company Profile

First Citizens BancShares, Inc operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts.