TCBX Confirms Quarterly Payout on 6.75% Series A Preferred Stock
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Third Coast Bancshares (NASDAQ:TCBX) filed a Form 8-K announcing its Board declared the regular quarterly cash dividend of $17.0625 per share on the 6.75% Series A Convertible Non-Cumulative Preferred Stock. The dividend is payable on July 15, 2025 to holders of record at the close of business on June 30, 2025. No other operational or financial changes were disclosed.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
When will TCBX pay the Series A preferred dividend announced on June 26 2025?
The dividend will be paid on July 15, 2025 to shareholders of record as of June 30, 2025.
How much is the quarterly dividend on TCBX's 6.75% Series A preferred stock?
The Board declared a cash dividend of $17.0625 per share for the quarter.