Texas Capital Bancshares, Inc. Amends Quarterly Dividend for Series B Preferred Stock
June 01 2021 - 4:00PM
Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company
of Texas Capital Bank, and its board of directors declared, in a
release dated April 27, 2021, a quarterly cash dividend of $14.375
per share of the 5.75% Fixed Rate Non-Cumulative Perpetual
Preferred Stock, Series B (the “Series B Preferred Stock”),
equivalent to $0.359375 per depositary share, each representing a
1/40th interest in a share of the Series B Preferred Stock. The
dividend amount is being amended to include the additional period
from March 3, 2021, the Series B Preferred Stock original issue
date, to March 15, 2021 in the dividend period. The revised cash
dividend is $16.2917 per share, equivalent to $0.4072917 per
depositary share. The depositary shares are traded on the NASDAQ
under the symbol “TCBIO”. The Series B Preferred Stock dividend is
payable on June 15, 2021, to holders of record at the close of
business on June 1, 2021.
ABOUT TEXAS CAPITAL BANCSHARES,
INC.Texas Capital Bancshares, Inc. (NASDAQ: TCBI), a
member of the Russell 2000® Index and the S&P MidCap 400®, is
the parent company of Texas Capital Bank, a commercial bank that
delivers highly personalized financial services to businesses and
entrepreneurs. Headquartered in Dallas, the bank has full-service
locations in Austin, Dallas, Fort Worth, Houston and San
Antonio.
Investor Relations Contact
Jamie Britton
214.932.6721
jamie.britton@texascapitalbank.com
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