Pinnacle Financial Partners, Inc. (NASDAQ:PNFPP) Announces $0.42 Quarterly Dividend

Pinnacle Financial Partners, Inc. (NASDAQ:PNFPP) announced a quarterly dividend on Tuesday, January 21st,Wall Street Journal reports. Investors of record on Friday, February 14th will be paid a dividend of 0.422 per share on Saturday, March 1st. This represents a $1.69 annualized dividend and a yield of 6.75%. The ex-dividend date of this dividend is Friday, February 14th.

Pinnacle Financial Partners Stock Performance

Shares of PNFPP opened at $25.02 on Wednesday. The company’s 50-day moving average price is $24.81 and its 200 day moving average price is $24.57. Pinnacle Financial Partners has a 12-month low of $22.76 and a 12-month high of $25.19.

Pinnacle Financial Partners Company Profile

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; and provides treasury management services, which includes online wire origination, enhanced ACH origination services, positive pay, zero balance and sweep accounts, automated bill pay services, electronic receivables processing, lockbox processing, and merchant card acceptance services.