First Citizens BancShares (NASDAQ:FCNCP) Shares Down 0.7% – Here’s What Happened

First Citizens BancShares, Inc. (NASDAQ:FCNCP) shares dropped 0.7% during mid-day trading on Tuesday . The company traded as low as $22.52 and last traded at $22.54. Approximately 10,254 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 18,623 shares. The stock had previously closed at $22.71.

First Citizens BancShares Stock Down 0.7 %

The company has a 50-day simple moving average of $23.53 and a 200 day simple moving average of $22.69.

First Citizens BancShares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be given a dividend of $0.3359 per share. This represents a $1.34 dividend on an annualized basis and a yield of 5.96%. The ex-dividend date of this dividend is Friday, November 29th.

First Citizens BancShares Company Profile

First Citizens BancShares, Inc operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts.