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

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) announced a quarterly dividend on Monday, January 26th. Stockholders of record on Monday, March 2nd will be paid a dividend of 0.3594 per share on Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend is Monday, March 2nd.

Texas Capital Bancshares Stock Performance

TCBIO traded down $0.06 during trading hours on Tuesday, hitting $20.84. 3,372 shares of the stock were exchanged, compared to its average volume of 23,406. The stock has a 50-day simple moving average of $20.68 and a 200-day simple moving average of $20.78. Texas Capital Bancshares has a 12 month low of $18.11 and a 12 month high of $21.80.

About Texas Capital Bancshares

Texas Capital Bancshares, Inc is a Dallas-based bank holding company whose principal subsidiary, Texas Capital Bank, N.A., delivers a broad spectrum of commercial banking services. The company specializes in commercial real estate finance, energy lending, equipment financing, public finance and treasury management solutions. In addition to loan products, it offers deposit accounts, private banking and wealth management services designed for corporate, middle-market, small-business and high-net-worth clients.

Founded in 1998, Texas Capital Bancshares has built a network of branch offices and regional service centers across key Texas markets, including Dallas–Fort Worth, Houston, Austin and San Antonio.