Pinnacle Financial Partners, Inc. (NASDAQ:PNFPP – Get Free Report) announced a quarterly dividend on Tuesday, January 16th, Wall Street Journal reports. Investors of record on Thursday, February 15th will be paid a dividend of 0.422 per share on Friday, March 1st. This represents a $1.69 annualized dividend and a dividend yield of 7.00%. The ex-dividend date is Wednesday, February 14th.
Pinnacle Financial Partners has raised its dividend by an average of 26.0% annually over the last three years.
Pinnacle Financial Partners Stock Up 0.2 %
Shares of PNFPP stock opened at $24.13 on Monday. The company has a 50-day simple moving average of $23.19 and a 200 day simple moving average of $22.81. Pinnacle Financial Partners has a 52 week low of $19.37 and a 52 week high of $25.95.
About Pinnacle Financial Partners
Pinnacle Financial Partners, Inc, together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States. The company accepts various deposits, including savings, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts.
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