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Triumph Financial (NASDAQ:TFINP) Trading Down 4%

Defense World ·  Mar 24, 2023 02:43

Triumph Financial, Inc. (NASDAQ:TFINP – Get Rating) shares fell 4% on Thursday . The stock traded as low as $20.95 and last traded at $20.95. 1,630 shares were traded during mid-day trading, a decline of 44% from the average session volume of 2,912 shares. The stock had previously closed at $21.83.

Triumph Financial Stock Down 4.0 %

The company has a 50-day simple moving average of $24.13.

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Triumph Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 30th. Investors of record on Wednesday, March 15th will be given a $0.4453 dividend. This represents a $1.78 annualized dividend and a dividend yield of 8.50%. The ex-dividend date of this dividend is Tuesday, March 14th.

Triumph Financial Company Profile

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Triumph Financial Inc, a financial and technology company, focuses on payments, factoring, and banking. It operates through a portfolio of brands, including TriumphPay, Triumph, and TBK Bank. The company offers cash flow management services for the trucking industry comprising invoice factoring, fuel discount programs, truck and cargo insurance, and equipment finance, banking, and treasury services.

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