Pinnacle Financial Partners (NASDAQ:PNFPP) Stock Price Down 0.1% – What’s Next?

Pinnacle Financial Partners, Inc. (NASDAQ:PNFPP) shares fell 0.1% during trading on Wednesday . The stock traded as low as $24.40 and last traded at $24.37. 8,800 shares were traded during trading, a decline of 41% from the average session volume of 14,932 shares. The stock had previously closed at $24.38.

Pinnacle Financial Partners Stock Down 0.1 %

The stock has a 50 day moving average price of $24.46 and a two-hundred day moving average price of $24.71.

Pinnacle Financial Partners Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 1st. Shareholders of record on Saturday, May 17th will be given a $0.422 dividend. This represents a $1.69 annualized dividend and a yield of 6.93%. The ex-dividend date is Friday, May 16th.

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.