Triumph Financial Increases Quarterly Dividend

Triumph Financial, Inc. (NASDAQ: TFIN) has just declared a quarterly cash dividend of $17.81 per share on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock, represented by depositary shares (NASDAQ: TFINP). This marks an increase from the previous dividend. The dividend of $17.81 per share is payable on June 30, 2024, to holders of record at the close of business on June 15, 2024.

Holders of depositary shares will receive $0.44525 per depositary share. This is an increase from the previous period, indicating a positive trend for shareholders.

Triumph Financial, Inc. is a financial holding company with a focus on payments, factoring, and banking. The company's diversified portfolio of brands includes TriumphPay, Triumph, and TBK Bank. As a result of these announcements, the company's shares have moved 0.5% on the market, and are now trading at a price of $74.3. If you want to know more, read the company's complete 8-K report here.

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