IBERIABANK Corporation (NASDAQ: IBKC) traded with change of -0.36% to $82.8 with the current traded volume of 66029 shares versus to an average volume of 372.98K. The stock was down in the 5 days activity -1.01%. The one month performance of stock was low -0.54%. IBKC shares are above 8.70% for the quarter and driving a 2.85% rally over the course of the past year and is now up 7.23% since this point in 2018. Right now IBKC beta is 1.42. The average volatility for the week and month was at 1.72% and 2.41% respectively.
The Board of Directors of IBERIABANK Corporation (NASDAQ: IBKC) reported the declaration of a quarterly cash dividend on the outstanding shares of its 6.60% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series C, par value $1.00 per share (the “Series C Preferred Stock”).
On May 9, 2016, the Company issued an aggregate of 2,300,000 depositary shares (the “Depositary Shares”), each representing a 1/400th ownership interest in a share of the Series C Preferred Stock, with a liquidation preference of $10,000 per share of Series C Preferred Stock (equivalent to $25 per Depositary Share), which represents $57,500,000 in aggregate liquidation preference.
The declared cash dividend equated to approximately $0.4125 per Depositary Share, or $165.00 per share of Series C Preferred Stock outstanding. The cash dividend is payable on May 1, 2018, to shareholders of record as of the close of business on April 16, 2018. When, as, and if declared by the Board of Directors, future dividend payment dates on the Series C Preferred Stock and associated Depositary Shares will be payable quarterly, in arrears, on February 1, May 1, August 1, and November 1 of each year.
The Company’s Series C Preferred Stock trades on the NASDAQ Global Select Market under the symbol “IBKCO.”
Shares of IBERIABANK Corporation have been recently spotted trading -5.43% off of the 52-week high price. On the other end, company shares have been noted 20.79% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 68.55 – 87.55. Switching over to some distances from popular moving averages, we see that the stock has been recorded 0.23% away from the 50 day moving average and 4.54% away from the 200 day moving average. Moving closer, we can see that shares have been trading -0.17% off of the 20-day moving average.