Texas Capital Bancshares, Inc. Announces Quarterly Dividend for Preferred Stock
Portfolio Pulse from
Texas Capital Bancshares, Inc. announced a quarterly dividend for its Series B Preferred Stock, with a cash dividend of $14.375 per share, equivalent to $0.359375 per depositary share. The dividend is payable on March 17, 2025.
January 27, 2025 | 11:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Texas Capital Bancshares declared a quarterly dividend for its Series B Preferred Stock, indicating a stable financial position and commitment to returning value to shareholders.
The announcement of a dividend payment suggests financial stability and a positive outlook for Texas Capital Bancshares, which may lead to a short-term increase in stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The depositary shares of Texas Capital Bancshares' Series B Preferred Stock, traded under TCBIO, will see a dividend payment, which may attract income-focused investors.
The dividend payment on TCBIO depositary shares may attract income-focused investors, potentially increasing demand and price in the short term.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70