First Citizens BancShares (NASDAQ:FCNCP) Trading Down 0% – Here’s What Happened

First Citizens BancShares, Inc. (NASDAQ:FCNCP)’s stock price traded down 0% during mid-day trading on Thursday . The stock traded as low as $19.85 and last traded at $19.8150. 2,389 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 16,856 shares. The stock had previously closed at $19.82.

First Citizens BancShares Trading Down 0.0%

The firm’s 50-day moving average price is $20.08 and its 200 day moving average price is $20.71.

First Citizens BancShares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a $0.3359 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $1.34 annualized dividend and a yield of 6.8%.

First Citizens BancShares Company Profile

First Citizens BancShares, Inc, headquartered in Raleigh, North Carolina, is a bank holding company and the parent of First Citizens Bank & Trust Company. Established in 1898, the institution has maintained a family‐controlled ownership structure, with members of the Holding family continuing to guide its strategic direction. Over more than a century of operation, First Citizens has built a reputation for conservative management and a focus on customer relationships.

The company’s core business activities encompass retail and commercial banking services.