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

Pinnacle Financial Partners, Inc. (NASDAQ:PNFPP) announced a quarterly dividend on Thursday, January 23rd,Wall Street Journal reports. Stockholders 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 dividend yield of 6.78%. The ex-dividend date is Friday, February 14th.

Pinnacle Financial Partners Stock Performance

PNFPP traded down $0.10 during trading on Thursday, hitting $24.90. 8,007 shares of the company traded hands, compared to its average volume of 15,291. The stock’s 50-day simple moving average is $24.76 and its two-hundred day simple moving average is $24.46. Pinnacle Financial Partners has a 1 year low of $22.76 and a 1 year high of $25.19.

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.