Truxton Corporation Announces Increased Quarterly Cash Dividend for 2026 and a $5 Million Repurchase Authorization

Rhea-AI Summary

Truxton Corporation (OTC: TRUX) announced a quarterly cash dividend of $0.88 per share payable March 24, 2026 to holders of record March 10, 2026, a 76% increase versus the 2025 regular quarterly dividend of $0.50.

The $0.88 quarterly dividend annualizes to $3.52, 17% above 2025 total paid of $3.00, and reflects absorption of a prior $1.00 special dividend into the regular payout. The company also authorized a $5 million share repurchase program effective after fourth-quarter earnings, exercisable for one year and subject to discretion and legal limitations.

Positive

• Quarterly dividend increased by 76% to $0.88 per share
• Annualized dividend of $3.52, 17% above 2025 total
• Dividend increased for 14 consecutive years
• Board authorized a $5 million share repurchase program

Negative

• Dividend rise partly reflects absorption of a prior $1.00 special dividend
• Share repurchase is discretionary and not committed by the company
• Buyback timing and size constrained by capital planning and debt terms

News Market Reaction

+1.78%

1 alert

+1.78% News Effect

On the day this news was published, TRUX gained 1.78%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NASHVILLE, Tenn., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Truxton Corporation (OTCID: TRUX), a financial holding company and the parent of Truxton Trust Company, announced that its Board of Directors has approved a quarterly cash dividend of $0.88 per common share payable March 24, 2026, to shareholders of record as of March 10, 2026, representing a 76% increase over the 2025 regular quarterly dividend of $0.50. This large increase reflects the absorption of prior years’ $1.00 special dividend into the regular dividend payment amount. This $0.88 dividend annualized to $3.52 would be 17% higher than the $3.00 per share total paid in 2025. Truxton Corporation has increased its dividends for fourteen consecutive years.

The Board of Directors has also authorized a stock repurchase program under which the Corporation may acquire up to $5 million of its common shares during a period beginning after the release of fourth quarter earnings and extending for one year. The shares may be purchased in open-market or private transactions at the discretion of management, subject to the limitations of applicable securities laws.

The share repurchase program may be extended, modified, amended, suspended or discontinued at any time at the Corporation’s discretion and does not commit the Corporation to repurchase shares of its common stock. The actual timing, number and value of the shares to be purchased under the program will be determined by the Corporation at its discretion and will depend on a number of factors, including the performance of the Corporation’s stock price, the Corporation’s ongoing capital planning considerations, general market and other conditions, applicable legal requirements and compliance with the terms of the Corporation’s outstanding indebtedness.

About Truxton
Truxton is a premier provider of wealth, banking, and family office services for wealthy individuals, their families, and their business interests. Serving clients across the world, Truxton’s vastly experienced team of professionals provides customized solutions to its clients’ complex financial needs. Founded in 2004 in Nashville, Tennessee, Truxton upholds its original guiding principle: do the right thing. Truxton Trust Company is a subsidiary of financial holding company, Truxton Corporation (OTCID: TRUX). For more information, visit truxtontrust.com.

Investor Relations Austin Branstetter 615-250-0783 austin.branstetter@truxtontrust.com	Media Relations Swan Burrus 615-250-0773 swan.burrus@truxtontrust.com

FAQ

What dividend did Truxton Corporation (TRUX) announce for March 2026?

Truxton declared a quarterly cash dividend of $0.88 per share payable March 24, 2026. According to Truxton, this payment is payable to shareholders of record on March 10, 2026 and annualizes to $3.52 per share.

How does the $0.88 TRUX dividend compare to Truxton's 2025 dividends?

The $0.88 quarterly dividend is a 76% increase over the 2025 regular quarterly dividend of $0.50. According to Truxton, the annualized $3.52 is 17% higher than the $3.00 per share total paid in 2025.

What details did Truxton provide about the $5 million repurchase authorization for TRUX?

Truxton authorized up to $5 million to buy common shares beginning after fourth-quarter earnings for one year. According to Truxton, purchases may be open-market or private, discretionary, and subject to securities laws and company capital planning.

Does Truxton commit to repurchasing shares under the TRUX buyback program?

No, the repurchase program does not commit the company to buy shares and can be amended or suspended at any time. According to Truxton, actual timing and amounts depend on price, capital planning, market conditions and legal limits.

Why did Truxton increase the regular dividend to $0.88 for TRUX shareholders?

The increase incorporates a prior years’ $1.00 special dividend into the regular payment, raising the regular quarterly amount. According to Truxton, this absorption is the stated reason behind the larger regular dividend level for 2026.