Texas Capital Bancshares Non-Cumulative Perpetual Preferred Stock, Series A Ex-Dividend Reminder
May 26, 2015 at 13:49 PM EDT
On 5/28/15, Texas Capital Bancshares Inc's 6.50% Non-Cumulative Perpetual Preferred Stock, Series A (TCBIP) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 6/15/15. As a percentage of TCBIP's recent share price of $25.50, this dividend works out to approximately 1.59%, so look for shares of TCBIP to trade 1.59% lower all else being equal when TCBIP shares open for trading on 5/28/15..