Truxton Corporation Announces Quarterly Cash Dividend

Rhea-AI Summary

Truxton Corporation (OTCPK: TRUX) announced a quarterly cash dividend of $0.38 per common share, set to be paid on June 26, 2023, to shareholders of record by June 9, 2023. This decision reflects the company's ongoing commitment to returning value to its shareholders.

As a financial holding company, Truxton Corporation is the parent of Truxton Trust Company, which provides a range of private banking and wealth management services. Founded in 2004 in Nashville, Tennessee, the firm aims to meet the complex financial needs of wealthy individuals and their families.

Positive

• Declaration of a quarterly cash dividend of $0.38 per share, reflecting confidence in financial stability.
• Scheduled payment date demonstrates a commitment to shareholder returns.

Negative

• None.

NASHVILLE, Tenn., April 20, 2023 (GLOBE NEWSWIRE) -- Truxton Corporation (OTCPK: TRUX), a financial holding company and the parent of Truxton Trust Company, announced that its Board of Directors has approved a quarterly cash dividend of $0.38 per common share payable June 26, 2023, to shareholders of record as of June 9, 2023.   

About Truxton Trust
Truxton Trust Company is a provider of private banking, wealth management, trust, capital markets, and family office services for wealthy individuals, their families, and their business interests. Serving clients across the world, Truxton’s vastly experienced team of professionals provides customized solutions to its clients’ complex financial needs. Founded in 2004 in Nashville, Tennessee, Truxton Trust upholds its original guiding principle: do the right thing. Truxton Trust Company is a subsidiary of financial holding company, Truxton Corporation (OTCPK: TRUX). For more information, visit truxtontrust.com.

Investor Relations Austin Branstetter 615-250-0783 austin.branstetter@truxtontrust.com

Media Relations Swan Burrus 615-250-0773 swan.burrus@truxtontrust.com

FAQ

What is the dividend amount for Truxton Corporation (TRUX) in June 2023?

The dividend amount is $0.38 per common share.

When will Truxton Corporation's dividend be paid?

The dividend will be paid on June 26, 2023.

What is the record date for Truxton Corporation's dividend?

The record date is June 9, 2023.

What services does Truxton Trust Company provide?

Truxton Trust Company offers private banking, wealth management, trust, capital markets, and family office services.