- Texas Capital Bancshares (NASDAQ: TCBI) announces a quarterly dividend for Series B Preferred Stock.
- The dividend amounts to $14.375 per share, or $0.359375 per depositary share.
- Payment is scheduled for June 16, 2025, to shareholders of record by June 2, 2025.
Texas Capital Bancshares, Inc. (TCBI, Financial), a prominent financial institution, has declared a quarterly cash dividend for its Series B Preferred Stock. The board of directors has approved a dividend of $14.375 per share for the 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B. This corresponds to $0.359375 per depositary share, each depositary share representing a 1/40th interest in a share of the Series B Preferred Stock.
The depositary shares are actively traded on the NASDAQ under the symbol "TCBIO". The dividend is set to be paid on June 16, 2025, with eligibility for payment reserved for shareholders holding records as of the close of business on June 2, 2025.
Texas Capital Bancshares, a key player in the financial services industry, is headquartered in Dallas and spans across major Texan cities including Austin, Houston, San Antonio, and Fort Worth. The company is listed on the NASDAQ and holds positions in the Russell 2000® Index and the S&P MidCap 400®.
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