Triumph Financial Confirms Quarterly Dividend on Preferred Stock
Triumph Financial Declares Quarterly Dividend
Triumph Financial, Inc. has proudly declared a new quarterly cash dividend for its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock, identified by the tickers TFIN and TFINP. As investors, this announcement is significant, particularly for those holding depositary shares, which represent a fractional ownership in the preferred stock.
Details of the Dividend Distribution
The announced cash dividend is set at $17.81 per share for the preferred stocks, which translates to a payout of $0.44525 per depositary share. This generous dividend showcases Triumph Financial's commitment to providing value to its shareholders.
Payment Schedule
The dividend will be payable on a notable date, March 30 of the upcoming year, with all holders on record receiving their dividends. To ensure you’re eligible, be sure to have your shares by the close of business on March 15, 2025.
About Triumph Financial, Inc.
Triumph Financial, Inc. focuses on a broad spectrum of financial services including payments, factoring, and banking. With its headquarters located in Dallas, Texas, the company has established several reputable subsidiaries like TriumphPay and TBK Bank. These subsidiaries are crucial components of Triumph's overarching strategy to deliver innovative financial solutions.
Innovative Banking Solutions
Triumph Financial is not just focused on traditional banking, but also puts a strong emphasis on fintech solutions. Their services cater to a variety of sectors, enhancing operational efficiencies for their clients. Through TriumphPay, they offer seamless payment solutions tailored to the needs of businesses.
Stock Performance Overview
The stock tickers, TFIN and TFINP, represent Triumph Financial's commitment to transparency and growth in the capital markets. Analyzing the current share price, TFIN is noted at $68.85, showing a modest percentage increase of 0.79%. On the other hand, TFINP is trading at $23.00, reflecting a slight rise in market engagement.
Investor Communication
As an investor, staying updated on corporate communications is vital. For any inquiries, Triumph Financial provides direct access to its Investor Relations department. Reach out to Luke Wyse, Senior Vice President, Head of Investor Relations, via email at lwyse@tfin.com or through the office line at 214-365-6936.
Triumph Financial Media Relations
For media inquiries, Amanda Tavackoli serves as the Senior Vice President and Director of Corporate Communication. She can be contacted at atavackoli@tfin.com or by calling 214-365-6930. Effective communication is key to understanding the company's market position and future strategies.
Frequently Asked Questions
What is the amount of the dividend declared by Triumph Financial?
The declared cash dividend is $17.81 per share for the 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock.
When is the dividend payout scheduled?
The dividend will be paid on March 30, 2025.
Who is eligible to receive the dividend?
Shareholders need to hold their shares by the close of business on March 15, 2025, to be eligible for the dividend.
How can I contact Triumph Financial for more information?
You can reach out to Luke Wyse at lwyse@tfin.com or call 214-365-6936 for investor-related inquiries.
Where can I find additional information about Triumph Financial?
For more details about Triumph Financial's offerings and services, visit their website at www.tfin.com.
About The Author
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