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

Pinnacle Financial Partners, Inc. (NASDAQ:PNFPP) declared a quarterly dividend on Tuesday, October 15th,Wall Street Journal reports. Stockholders of record on Saturday, November 16th will be given a dividend of 0.422 per share on Sunday, December 1st. This represents a $1.69 annualized dividend and a dividend yield of 6.75%. The ex-dividend date of this dividend is Friday, November 15th.

Pinnacle Financial Partners Stock Performance

Shares of Pinnacle Financial Partners stock opened at $25.02 on Thursday. Pinnacle Financial Partners has a twelve month low of $21.81 and a twelve month high of $25.16. The business has a 50-day moving average price of $24.58 and a 200-day moving average price of $23.99.

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; 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.