Texas Capital Bancshares, Inc. (NASDAQ: TCBIO – Get Rating) Director Robert W. Stallings purchased 8,000 shares of the company in a trade that took place on Tuesday August 16th. The shares were purchased at an average cost of $65.35 per share, with a total value of $522,800.00. Following the purchase, the director now directly owns 146,000 shares of the company, valued at $9,541,100. The acquisition was disclosed in a filing with the SEC, which is available on the SEC’s website.
Texas Capital Bancshares Stock up 0.3%
TCBIO shares opened at $24.07 on Friday. The company’s 50-day moving average price is $22.49. Texas Capital Bancshares, Inc. has a fifty-two week low of $20.32 and a fifty-two week high of $27.46.
Texas Capital Bancshares Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 15. Investors of record on Thursday, September 1 will receive a dividend of $0.3594 per share. The ex-date of this dividend is Wednesday, August 31. This represents an annualized dividend of $1.44 and a yield of 5.97%.
Texas Capital Bancshares Company Profile
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Texas Capital Bancshares, Inc. operates as a bank holding company for Texas Capital Bank, is a full-service financial services company that provides customized solutions to businesses, entrepreneurs and individuals. The Company offers commercial banking, retail banking, investment banking and wealth management.
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