Pinnacle Financial Partners (NASDAQ:PNFPP) Shares Up 0.4% – Here’s What Happened

Shares of Pinnacle Financial Partners, Inc. (NASDAQ:PNFPP) were up 0.4% on Friday . The company traded as high as $25.06 and last traded at $24.85. Approximately 28,343 shares changed hands during mid-day trading, an increase of 30% from the average daily volume of 21,722 shares. The stock had previously closed at $24.75.

Pinnacle Financial Partners Stock Up 0.4 %

The firm has a 50 day moving average price of $24.77 and a 200-day moving average price of $24.34.

Pinnacle Financial Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Sunday, December 1st. Shareholders of record on Saturday, November 16th were given a dividend of $0.422 per share. This represents a $1.69 dividend on an annualized basis and a yield of 6.79%. The ex-dividend date of this dividend was Friday, November 15th.

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.