First Citizens BancShares (NASDAQ:FCNCP) Shares Down 2.7% – Here’s What Happened

First Citizens BancShares, Inc. (NASDAQ:FCNCPGet Free Report)’s stock price dropped 2.7% during mid-day trading on Wednesday . The company traded as low as $22.26 and last traded at $22.28. Approximately 117,202 shares traded hands during trading, an increase of 531% from the average daily volume of 18,575 shares. The stock had previously closed at $22.90.

First Citizens BancShares Stock Up 3.5 %

The business has a 50 day moving average price of $23.12 and a 200 day moving average price of $22.90.

First Citizens BancShares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were given a dividend of $0.3359 per share. This represents a $1.34 annualized dividend and a yield of 5.83%. The ex-dividend date was Friday, November 29th.

About First Citizens BancShares

(Get Free Report)

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.

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