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

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) declared a quarterly dividend on Monday, January 27th, Wall Street Journal reports. Stockholders 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 dividend yield of 6.81%. The ex-dividend date is Monday, March 3rd.

Texas Capital Bancshares Price Performance

Shares of NASDAQ:TCBIO opened at $21.10 on Friday. The business’s 50-day moving average is $20.59 and its 200-day moving average is $20.82. Texas Capital Bancshares has a 1 year low of $18.15 and a 1 year high of $22.71.

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.