Tectonic Financial, Inc. (NASDAQ:TECTP – Get Free Report)’s share price traded down 1.2% on Tuesday . The stock traded as low as $10.36 and last traded at $10.36. 488 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 3,566 shares. The stock had previously closed at $10.49.
Tectonic Financial Price Performance
The firm’s 50 day simple moving average is $10.40 and its two-hundred day simple moving average is $10.33.
Tectonic Financial Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Tuesday, November 5th were issued a dividend of $0.3092 per share. This represents a $1.24 annualized dividend and a yield of 11.94%. The ex-dividend date was Tuesday, November 5th.
About Tectonic Financial
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.
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