Triumph Group Declares Regular Dividend Payment for Series C Preferred Stockholders
Triumph Financial Inc. has announced that its Board of Directors has declared a quarterly cash dividend on the Company’s 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock. The preferred stock is represented by depositary shares trading on the New York Stock Exchange under the symbol TFIN-PR.
The Board declared a dividend of $17.81 per share on the Series C preferred stock. Because the preferred shares are structured in depositary form — with each depositary share representing a 1/40th ownership interest in a full share of the preferred stock — holders of depositary shares will receive $0.44525 per depositary share.
The dividend will be payable on March 30, 2026, to shareholders of record as of the close of business on March 15, 2026. As a non-cumulative perpetual preferred stock, the Series C shares provide fixed-rate dividend payments when and if declared by the Board, but unpaid dividends do not accumulate if they are not declared in a given period.
Strengthening Shareholder Value Through Consistent Capital Returns
The declaration of this quarterly dividend reflects Triumph’s continued commitment to delivering value to its shareholders while maintaining disciplined capital management. Preferred stock dividends are a key component of a company’s capital structure strategy, particularly for financial institutions and specialty finance companies. By maintaining regular dividend payments on its Series C preferred shares, Triumph demonstrates confidence in its financial performance, liquidity position, and long-term outlook.
Preferred stock often appeals to income-oriented investors seeking predictable returns. The 7.125% fixed-rate structure provides clarity and consistency in dividend expectations, reinforcing investor confidence in the company’s stability and earnings capacity. Although the preferred stock is non-cumulative — meaning missed payments would not accrue — Triumph’s ongoing dividend declaration signals operational strength and financial discipline.
Capital Structure and Market Presence
Triumph’s Series C preferred shares trade publicly on the New York Stock Exchange, providing liquidity and transparency for investors. Listing on a major exchange supports market visibility and investor access while subjecting the company to rigorous reporting and governance standards.
The depositary share structure enables broader participation by allowing investors to purchase fractional interests in the preferred shares rather than full preferred stock units. Each depositary share representing a 1/40th interest provides flexibility for retail and institutional investors alike.
By balancing common equity, preferred equity, and other funding sources, Triumph maintains a diversified capital base designed to support growth initiatives while preserving financial flexibility.
About Triumph Financial
Headquartered in Dallas, Texas, Triumph is a transportation-focused financial and technology company serving a critical segment of the U.S. economy: the freight and logistics industry. The company combines financial services expertise with purpose-built technology platforms to modernize how freight transactions are processed, funded, and secured.
Triumph operates at the intersection of banking, payments, and supply chain intelligence. Its mission centers on simplifying and digitizing complex freight-related financial processes while increasing transparency and efficiency for all participants in the transportation ecosystem.
A Technology-Driven Financial Platform for Freight
The freight industry is historically fragmented and paperwork-intensive, often characterized by delayed payments, manual processes, and limited visibility across transactions. Triumph addresses these inefficiencies through an integrated portfolio of solutions that includes payments processing, freight factoring, banking services, and data-driven intelligence tools.
The company’s technology-first approach enables brokers, carriers, shippers, and factors to streamline their operations, reduce administrative burdens, and gain faster access to working capital. By embedding financial products directly into freight workflows, Triumph reduces friction across the transaction lifecycle.
Core Business Segments
Triumph’s portfolio includes several key brands and platforms:
- Triumph – The core financial services platform delivering integrated banking and transportation finance solutions.
- LoadPay – A payments-focused platform designed to accelerate and simplify freight-related transactions.
- TBK Bank – A full-service banking institution that provides traditional and digital banking services to businesses and individuals.
TBK Bank
TBK Bank plays a foundational role within the Triumph ecosystem. It offers commercial and consumer banking services, providing stable funding and regulatory strength to the broader organization. Through TBK Bank, Triumph supports businesses with deposit products, lending solutions, and treasury management services while leveraging a strong capital base.
LoadPay
LoadPay is designed specifically for the freight sector. The platform aims to accelerate payment cycles and reduce reliance on traditional, paper-based processes. By digitizing freight payments, LoadPay enhances transaction speed, improves cash flow predictability, and increases transparency between counterparties.
Driving Efficiency in the Transportation Industry
Freight transportation underpins global commerce, yet the financial infrastructure supporting it has often lagged behind technological advances. Triumph seeks to close that gap by building digital rails that connect brokers, carriers, shippers, and financial institutions in a secure and efficient manner.
The company’s offerings focus on:
- Improving operational efficiency through automation and digital workflows
- Increasing transparency in freight payment processes
- Enhancing transaction security with modern compliance tools
- Expanding access to working capital for small and mid-sized carriers
By combining financial products with data analytics and proprietary technology, Triumph provides actionable insights that help customers optimize their businesses and mitigate risk.
Long-Term Strategic Vision
Triumph’s long-term strategy revolves around creating a unified financial network for freight. Rather than offering standalone financial products, the company integrates payments, credit, compliance, and intelligence into a cohesive ecosystem.
This integrated approach allows participants across the supply chain to operate with greater confidence, reduced fraud risk, and improved liquidity. As freight markets continue to digitize, Triumph positions itself as both a financial institution and a technology innovator.
The dividend announcement aligns with this broader strategy. Maintaining financial strength through disciplined capital management enables the company to continue investing in technology development, regulatory compliance, and customer expansion.
Commitment to Governance and Stability
As a publicly traded company listed on the New York Stock Exchange, Triumph adheres to stringent corporate governance standards. The Board of Directors’ decision to declare the preferred dividend reflects ongoing oversight of the company’s capital allocation priorities.
Dividend declarations require careful evaluation of earnings performance, regulatory capital requirements, liquidity conditions, and strategic growth plans. By continuing to meet its preferred dividend obligations, Triumph reinforces its reputation as a stable and responsibly managed financial institution.
