Shares of Tectonic Financial, Inc. (NASDAQ:TECTP – Get Free Report) traded up 1.1% during trading on Monday . The company traded as high as $10.45 and last traded at $10.52. 551 shares were traded during mid-day trading, a decline of 85% from the average session volume of 3,583 shares. The stock had previously closed at $10.41.
Tectonic Financial Stock Up 0.1 %
The firm’s fifty day moving average is $10.45 and its two-hundred day moving average is $10.41.
Tectonic Financial Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, February 7th were paid a dividend of $0.3036 per share. This represents a $1.21 dividend on an annualized basis and a dividend yield of 11.45%. The ex-dividend date was Friday, February 7th.
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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