Triumph Financial, Inc. 8-K
Research Summary
AI-generated summary
Triumph Financial, Inc. Declares Quarterly Dividend on Series C Preferred
What Happened Triumph Financial, Inc. (TFIN) filed a Form 8-K on February 27, 2026 announcing that its board declared a quarterly cash dividend on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock of $17.81 per share (equivalent to $0.44525 per depositary share, each representing a 1/40 interest). The dividend is payable March 30, 2026 to holders of record as of March 15, 2026. A press release dated February 27, 2026 is attached as Exhibit 99.1 to the filing.
Key Details
- Dividend: $17.81 per Series C preferred share
- Per depositary share: $0.44525 (1/40 interest)
- Security: 7.125% Series C Fixed-Rate Non‑Cumulative Perpetual Preferred Stock
- Record date / Payable date: March 15, 2026 / March 30, 2026
- Filing date: Form 8-K filed February 27, 2026 (press release attached as Exhibit 99.1)
Why It Matters This filing confirms a scheduled cash distribution for holders of Triumph’s Series C preferred shares and depositary shares. Because the shares are non‑cumulative, missed dividends would not accrue, so the declared payment is the current income entitlement for holders of record. Retail investors tracking dividend income or preferred securities should note the record/payable dates and the fixed 7.125% nature of the Series C issue. The filing also includes the company’s standard forward‑looking statement disclosures and references risk factors in its recent Form 10‑K.