Tectonic Financial, Inc. (NASDAQ:TECTP) Announces $0.30 Dividend

Tectonic Financial, Inc. (NASDAQ:TECTP) declared a dividend on Tuesday, January 28th,NASDAQ Dividends reports. Investors of record on Friday, February 7th will be paid a dividend of 0.3036 per share on Tuesday, February 18th. The ex-dividend date of this dividend is Friday, February 7th.

Tectonic Financial has raised its dividend payment by an average of 6.1% annually over the last three years.

Tectonic Financial Price Performance

TECTP traded down $0.01 during midday trading on Thursday, reaching $10.63. The company’s stock had a trading volume of 4,240 shares, compared to its average volume of 3,590. The stock’s 50-day moving average is $10.41 and its 200-day moving average is $10.37. Tectonic Financial has a 1 year low of $9.95 and a 1 year high of $11.68.

Tectonic Financial Company Profile

Tectonic Financial, Inc, a financial holding company, provides banking and financial products and services to high net worth individuals, small businesses, and institutions in the United States. It offers commercial and consumer banking services, such as demand deposits, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit; commercial and real estate loans, dental loans, commercial real estate, construction loans, and consumer installment loans; and wealth management and trust services.