Texas Capital Bancshares, Inc. (NASDAQ:TCBIO – Get Rating) announced a quarterly dividend on Wednesday, April 26th, Wall Street Journal reports. Investors of record on Thursday, June 1st will be given a dividend of 0.3594 per share on Thursday, June 15th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 7.37%. The ex-dividend date is Wednesday, May 31st.

Texas Capital Bancshares Stock Performance

TCBIO traded down $0.02 on Wednesday, reaching $19.50. The company's stock had a trading volume of 24,678 shares, compared to its average volume of 31,164. The stock has a 50 day moving average of $19.72 and a two-hundred day moving average of $20.39. Texas Capital Bancshares has a fifty-two week low of $12.00 and a fifty-two week high of $25.05.

Insider Activity at Texas Capital Bancshares

In other Texas Capital Bancshares news, Director Robert W. Stallings purchased 3,000 shares of the stock in a transaction that occurred on Thursday, February 16th. The stock was purchased at an average cost of $21.94 per share, with a total value of $65,820.00. Following the completion of the acquisition, the director now directly owns 30,000 shares of the company's stock, valued at approximately $658,200. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Robert W. Stallings acquired 16,000 shares of the firm's stock in a transaction dated Monday, April 24th. The stock was acquired at an average cost of $51.44 per share, with a total value of $823,040.00. Following the completion of the acquisition, the director now owns 203,000 shares of the company's stock, valued at $10,442,320. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Robert W. Stallings acquired 3,000 shares of the firm's stock in a transaction dated Thursday, February 16th. The stock was purchased at an average cost of $21.94 per share, with a total value of $65,820.00. Following the completion of the acquisition, the director now directly owns 30,000 shares of the company's stock, valued at approximately $658,200. The disclosure for this purchase can be found here. Insiders acquired 34,888 shares of company stock valued at $1,381,283 over the last three months.

Texas Capital Bancshares Company Profile

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Texas Capital Bancshares, Inc operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking, consumer banking, investment banking, and wealth management services.

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