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

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) declared a quarterly dividend on Tuesday, January 28th,Wall Street Journal reports. Investors of record on Monday, March 3rd will be paid a dividend of 0.3594 per share on Monday, March 17th. This represents a $1.44 dividend on an annualized basis and a yield of 6.76%. The ex-dividend date is Monday, March 3rd.

Texas Capital Bancshares Stock Performance

Shares of NASDAQ TCBIO traded up $0.28 during midday trading on Tuesday, reaching $21.28. 14,374 shares of the stock were exchanged, compared to its average volume of 21,951. Texas Capital Bancshares has a 52-week low of $18.15 and a 52-week high of $22.71. The stock has a 50 day moving average price of $20.30 and a 200-day moving average price of $20.66.

About Texas Capital Bancshares

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.