Trustmark Corp. Plans Quarterly Dividend of $0.23 (TRMK)
Trustmark Corp. (NASDAQ:TRMK) announced a quarterly dividend on Tuesday, January 28th, Analyst RN reports. Investors of record on Saturday, March 1st will be paid a dividend of 0.23 per share on Saturday, March 15th. This represents a $0.92 annualized dividend and a dividend yield of 3.60%.
On a related note, analysts at Evercore Partners initiated coverage on shares of Trustmark Corp. in a research note to investors on Tuesday, November 5th. They set an “equal weight” rating on the stock. Seven research analysts have rated the stock with a hold rating, The stock currently has an average rating of “Hold” and a consensus price target of $25.75.
Trustmark Corp. (NASDAQ:TRMK) traded up 0.31% on Tuesday, hitting $25.58. 348,954 shares of the company’s stock traded hands. Trustmark Corp. has a 52-week low of $22.45 and a 52-week high of $28.88. The stock’s 50-day moving average is $26.66 and its 200-day moving average is $26.60. The company has a market cap of $1.719 billion and a P/E ratio of 14.49.
Trustmark Corp. (NASDAQ:TRMK) last released its earnings data on Monday, January 27th. The company reported $0.42 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.46 by $0.04. During the same quarter last year, the company posted $0.43 earnings per share. Analysts expect that Trustmark Corp. will post $1.91 EPS for the current fiscal year.
Trustmark Corporation (NASDAQ:TRMK) is a bank holding company.
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