Triumph Financial Declares Dividend for Preferred Stock Shares
Triumph Financial Declares Quarterly Cash Dividend
DALLAS — Triumph Financial, Inc. (NYSE: TFIN) recently announced an exciting update for its investors. The Company’s Board of Directors declared a quarterly cash dividend of $17.81 per share on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock. This is represented by depositary shares, each pertaining to a fractional interest in a share of preferred stock. Holders of these depositary shares can expect to receive $0.44525 per share.
Dividend Payment Information
The dividend is set to be payable on a specific date for all holders of record. To be eligible, shareholders must be on the books by the close of business on the designated record date. This dividend payout reflects the Company’s commitment to providing value to its shareholders.
Company Overview
Triumph Financial (NYSE: TFIN) operates at the intersection of finance and technology, focusing on payments, factoring, intelligence, and banking solutions tailored to modernize and simplify freight transactions. The Company is headquartered in Dallas, with a diverse portfolio that includes reputable brands such as Triumph, TBK Bank, and LoadPay, which enhance its service offerings in the industry.
Innovative Solutions in Freight Transactions
By leveraging technology, Triumph Financial empowers businesses to navigate the complex landscape of freight transactions with ease. Their innovative approach allows for streamlined processes, facilitating better cash flow management for clients. With a passion for improving financial services, Triumph continually seeks new ways to enhance user experience.
Communicating with Shareholders
Triumph Financial values transparency and open communication with its stakeholders. The Executive Vice President, Luke Wyse, leads the Investor Relations team, emphasizing the importance of investor engagement. The team can be reached via email at lwyse@tfin.com or by phone at 214-365-6936 for any inquiries regarding investment or business operations.
Media Interactions
Amanda Tavackoli, the Senior VP and Director of Corporate Communication, plays a crucial role in managing the Company’s public relations. She can be contacted at atavackoli@tfin.com or 214-365-6930, ensuring media inquiries are handled promptly and effectively.
Looking Ahead
As Triumph Financial continues its mission to innovate within the finance sector, the commitment to shareholder value remains a key focus. The declaration of dividends is one way the Company demonstrates its financial health and dedication to rewarding investors. Holding a position in Triumph Financial (NYSE: TFIN) represents an opportunity to be part of a growing financial enterprise that recognizes the importance of stable returns for its shareholders.
Frequently Asked Questions
What is the amount of the quarterly dividend declared by Triumph Financial?
Triumph Financial declared a quarterly cash dividend of $17.81 per share on its preferred stock.
When is the dividend payable?
The dividend is payable on a date that follows the record date for eligible shareholders.
Who can I contact for investor relations at Triumph Financial?
Investors can contact Luke Wyse at lwyse@tfin.com for inquiries related to investor relations.
What sectors does Triumph Financial focus on?
Triumph Financial primarily focuses on payments, factoring, intelligence, and banking within the freight transaction sector.
How can media inquiries be addressed?
Amanda Tavackoli is the point of contact for media inquiries and can be reached at atavackoli@tfin.com.
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