Pinnacle Financial Partners (NASDAQ:PNFPP) Stock Price Up 0.4% – Time to Buy?

Pinnacle Financial Partners, Inc. (NASDAQ:PNFPP)’s stock price traded up 0.4% during trading on Friday . The company traded as high as $25.06 and last traded at $24.85. 28,343 shares were traded during mid-day trading, an increase of 30% from the average session volume of 21,722 shares. The stock had previously closed at $24.75.

Pinnacle Financial Partners Price Performance

The stock’s 50 day moving average price is $24.77 and its 200 day moving average price is $24.34.

Pinnacle Financial Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Sunday, December 1st. Shareholders of record on Saturday, November 16th were issued a dividend of $0.422 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.69 dividend on an annualized basis and a yield of 6.79%.

Pinnacle Financial Partners Company Profile

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.