Triumph Financial Announces Dividend for 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock

Rhea-AI Summary

Triumph Financial (NASDAQ: TFIN) has declared a quarterly cash dividend for its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock. The dividend amounts to $17.81 per preferred share, with holders of depositary shares (NASDAQ: TFINP) receiving $0.44525 per share, as each depositary share represents a 1/40th interest in the preferred stock. The dividend will be paid on June 30, 2025, to shareholders of record as of June 15, 2025. This announcement reflects the company's commitment to providing regular returns to its preferred stockholders.

Positive

• Maintains consistent dividend payments to preferred shareholders
• Demonstrates financial stability and ability to meet preferred dividend obligations

Negative

• None.

DALLAS, May 30, 2025 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (the “Company”) (Nasdaq: TFIN) today announced that the Company’s Board of Directors declared a quarterly cash dividend of $17.81 per share on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock, represented by depositary shares (Nasdaq: TFINP), each representing a 1/40th interest in a share of preferred stock. Holders of depositary shares will receive $0.44525 per depositary share. The dividend is payable on June 30, 2025, to holders of record at the close of business on June 15, 2025.

About Triumph Financial

Triumph (Nasdaq: TFIN) is a financial and technology company focused on payments, factoring, intelligence and banking to modernize and simplify freight transactions. Headquartered in Dallas, Texas, its portfolio of brands includes Triumph, TBK Bank and LoadPay. www.tfin.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. Investors are cautioned that such statements are predictions and that actual events or results may differ materially. Triumph Financial’s expected financial results or other plans are subject to a number of risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" and the forward-looking statement disclosure contained in the Company's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on February 11, 2025. Forward-looking statements speak only as of the date made, and Triumph Financial undertakes no duty to update the information.

Source: Triumph Financial, Inc.

Investor Relations:
Luke Wyse
Executive Vice President, Head of Investor Relations
lwyse@tfin.com
214-365-6936

Media Contact:
Amanda Tavackoli
Senior Vice President, Director of Corporate Communication
atavackoli@tfin.com
214-365-6930

FAQ

What is the dividend amount for Triumph Financial's Series C Preferred Stock (TFINP)?

Triumph Financial declared a quarterly dividend of $17.81 per preferred share, with depositary shareholders receiving $0.44525 per depositary share (TFINP).

When is the dividend payment date for Triumph Financial's preferred stock?

The dividend will be paid on June 30, 2025, to shareholders of record as of June 15, 2025.

What is the dividend yield for Triumph Financial's Series C Preferred Stock?

The Series C Preferred Stock has a 7.125% Fixed-Rate Non-Cumulative dividend yield.

How are Triumph Financial's preferred stock depositary shares (TFINP) structured?

Each depositary share (TFINP) represents a 1/40th interest in a share of the 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock.