Texas Capital Bancshares, Inc. (TCBIO) to Issue Quarterly Dividend of $0.36 on June 17th

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 7.60%. The ex-dividend date is Monday, June 3rd.

Texas Capital Bancshares Price Performance

Texas Capital Bancshares stock opened at $18.91 on Friday. The company’s fifty day moving average price is $20.06 and its 200 day moving average price is $18.82. Texas Capital Bancshares has a 1 year low of $15.30 and a 1 year high of $21.19.

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.