First Citizens BancShares (NASDAQ:FCNCO) Shares Down 1.1% – Should You Sell?

First Citizens BancShares, Inc. (NASDAQ:FCNCOGet Free Report)’s stock price traded down 1.1% on Monday . The stock traded as low as $22.28 and last traded at $22.30. 8,207 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 18,166 shares. The stock had previously closed at $22.55.

First Citizens BancShares Stock Performance

The business’s 50-day simple moving average is $22.86 and its 200-day simple moving average is $23.45.

First Citizens BancShares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be given a $0.3516 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.41 annualized dividend and a yield of 6.22%.

About First Citizens BancShares

(Get Free Report)

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.

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