Pinnacle Financial approves dividends for common, preferred stock
Pinnacle Financial Partners, Inc., a $129.1 billion regional bank based in Tennessee, recently announced its board of directors' decision to approve dividend payments for common and preferred stockholders. The company plans to pay $0.50 per share of common stock to shareholders of record as of November 6, 2026, on November 27, 2026.
For preferred stockholders, the board approved $0.48089 per share of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A, to shareholders of record as of December 15, 2026, payable on December 21, 2026. The company will also distribute $0.52481 per share of Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, to shareholders of record as of December 15, 2026, payable on January 4, 2027.
Additionally, Pinnacle will distribute $16.88 per share, or $0.422 per depository share, of Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series C, to shareholders of record as of November 16, 2026, payable on December 1, 2026. The company, which merged with Synovus Financial Corp. in 2026, is headquartered in Tennessee.
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