Pinnacle Financial Partners (NASDAQ:PNFPP) Shares Up 0.3% – Here’s What Happened

Pinnacle Financial Partners, Inc. (NASDAQ:PNFPP) traded up 0.3% on Thursday . The stock traded as high as $24.95 and last traded at $24.94. 6,168 shares traded hands during trading, a decline of 58% from the average session volume of 14,654 shares. The stock had previously closed at $24.85.

Pinnacle Financial Partners Stock Performance

The firm has a 50-day moving average of $24.53 and a two-hundred day moving average of $23.96.

Pinnacle Financial Partners Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Sunday, December 1st. Investors of record on Saturday, November 16th will be paid a dividend of $0.422 per share. The ex-dividend date is Friday, November 15th. This represents a $1.69 annualized dividend and a yield of 6.77%.

About Pinnacle Financial Partners

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.