Triumph Financial, Inc. Dividends
The next dividend date for Triumph Financial, Inc. has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Triumph Financial, Inc. (TFIN)
More About Triumph Financial, Inc.
Triumph Financial, Inc., a financial holding company, provides banking, factoring, payments, and intelligence services in the United States. The company offers deposit products, including checking, savings, money market, and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans. It also provides electronic banking services, debit cards, insurance brokerage services, mortgage warehouse facilities, and transportation factoring services; payments services offered through TriumphPay platform, a payments network for the over-the-road trucking industry; and LoadPay product, a digital bank account developed for Carriers, as well as provides service and performance scoring and benchmarking to the over-the-road trucking industry. The company was formerly known as Triumph Bancorp, Inc. and changed its name to Triumph Financial, Inc. in December 2022. Triumph Financial, Inc. was incorporated in 2003 and is headquartered in Dallas, Texas.
Owning Triumph Financial, Inc. Stock on the Dividend Date
If you own Triumph Financial, Inc. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Triumph Financial, Inc. stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Triumph Financial, Inc. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Triumph Financial, Inc. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Triumph Financial, Inc. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Triumph Financial, Inc. Dividends
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