Tectonic Financial (NASDAQ:TECTP) Trading Up 0.5%

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

Tectonic Financial Stock Performance

The business has a 50 day moving average of $10.17 and a two-hundred day moving average of $10.12.

Tectonic Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Monday, February 5th were paid a dividend of $0.225 per share. The ex-dividend date of this dividend was Friday, February 2nd. This represents a $0.90 dividend on an annualized basis and a yield of 8.74%.

Tectonic Financial Company Profile

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.