Triumph Financial Declares Quarterly Dividend
Triumph Financial, a prominent player in the financial and technology sector, has announced an important update regarding dividend payments for its shareholders. The company’s Board of Directors has declared a quarterly cash dividend of $17.81 per share on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock. This announcement highlights Triumph's ongoing commitment to providing value to its investors.
Details of the Dividend Payment
The dividend will be payable to holders of depositary shares, each representing a 1/40th interest in a share of preferred stock. This means that holders can expect to receive $0.44525 per depositary share. The payment is scheduled for December 30 to those who are on the record by December 15. This proactive step by Triumph Financial reinforces its position as a dependable investment choice.
About Triumph Financial
Triumph Financial operates at the intersection of finance and technology, focusing on payment solutions, factoring, and banking services to revolutionize freight transactions. With its headquarters based in Dallas, Triumph is committed to modernizing financial interactions within the logistics sector. The company encompasses various brands, including Triumph, TBK Bank, and LoadPay, each playing a pivotal role in enhancing service quality and reliability.
Company Portfolio and Growth
Triumph’s diverse portfolio signifies its holistic approach to solutions within financial services, catering to the needs of the freight industry. The company continually invests in technology and innovation to streamline banking processes and provide clients with seamless payment experiences. This dedication to modernization positions Triumph as a forward-thinking leader, on a path towards sustainable growth and enhanced customer satisfaction.
Investor Engagement and Communication
Communication with investors is a core component of Triumph Financial's strategy. The company has maintained transparency regarding its financial performance and future strategies. The announcement of the dividend reflects strong operational results and a healthy balance sheet, suggesting robust financial health moving forward. Triumph Financial encourages ongoing engagement with its investor community, often sharing valuable insights about its business strategies and market outlook.
Contact for Investor Relations
For inquiries, investors can reach out to Luke Wyse, the Executive Vice President and Head of Investor Relations, at lwyse@tfin.com or call 214-365-6936. Additionally, Amanda Tavackoli, the Senior Vice President and Director of Corporate Communication, is available at atavackoli@tfin.com or 214-365-6930 for media-related questions.
Frequently Asked Questions
What is the declared dividend amount by Triumph Financial?
The company declared a dividend of $17.81 per share on its 7.125% Series C Preferred Stock.
When will the dividend payment be made?
The dividend is scheduled to be paid on December 30.
Who qualifies for the dividend payment?
Holders of record as of December 15 will qualify for the dividend payment.
What does Triumph Financial focus on?
Triumph Financial focuses on modernizing payment solutions and banking services within the freight industry.
How can investors reach out for more information?
Investors can contact Luke Wyse via email at lwyse@tfin.com for inquiries related to investor relations.
