Tectonic Financial, Inc. (TECTP) To Go Ex-Dividend on November 7th

Tectonic Financial, Inc. (NASDAQ:TECTP) announced a quarterly dividend on Tuesday, October 28th. Stockholders of record on Friday, November 7th will be given a dividend of 0.2923 per share on Monday, November 17th. This represents a c) dividend on an annualized basis and a dividend yield of 10.4%. The ex-dividend date is Friday, November 7th. This is a 2.3% increase from Tectonic Financial’s previous quarterly dividend of $0.29.

Tectonic Financial Price Performance

NASDAQ TECTP opened at $11.30 on Wednesday. The stock’s fifty day moving average is $10.88 and its two-hundred day moving average is $10.72. Tectonic Financial has a fifty-two week low of $9.95 and a fifty-two week high of $12.08.

About Tectonic Financial

Tectonic Financial, Inc, a financial holding company, provides banking and financial products and services to high net worth individuals, small businesses, and institutions in the United States. It offers commercial and consumer banking services, such as demand deposits, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit; commercial and real estate loans, dental loans, commercial real estate, construction loans, and consumer installment loans; and wealth management and trust services.