Pinnacle Financial Partners Preferred Stock Series B Goes Ex-Dividend Soon

On 2/14/25, Pinnacle Financial Partners Inc's 6.75% Dep Shares Non-Cumul Prfd Stock Ser B (Symbol: PNFPP) will trade ex-dividend, for its quarterly dividend of $0.422, payable on 3/1/25. As a percentage of PNFPP's recent share price of $25.00, this dividend works out to approximately 1.69%, so look for shares of PNFPP to trade 1.69% lower — all else being equal — when PNFPP shares open for trading on 2/14/25. On an annualized basis, the current yield is approximately 6.74%, which compares to an average yield of 6.46% in the "Financial" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of PNFPP shares, versus PNFP:

Below is a dividend history chart for PNFPP, showing historical dividends prior to the most recent $0.422 on Pinnacle Financial Partners Inc's 6.75% Dep Shares Non-Cumul Prfd Stock Ser B:

In Wednesday trading, Pinnacle Financial Partners Inc's 6.75% Dep Shares Non-Cumul Prfd Stock Ser B (Symbol: PNFPP) is currently off about 0.2% on the day, while the common shares (Symbol: PNFP) are off about 2.5%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

Also see:

• Convertible Preferred Stocks
• ALTR shares outstanding history
• GPRO Historical Earnings

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.