NASDAQ:TCBS

TCBS Ups Dividend Ahead of Holiday-Shortened Week

TCBS Ups Dividend Ahead of Holiday-Shortened Week

Texas Community Bancshares raised its quarterly dividend to $0.06 per share, payable to holders of record as of June 2. The stock closed Friday at $16.75 with only 2,205 shares traded. Net income for the first quarter rose to $836,000 from $643,000 a year earlier. U.S. markets are closed Monday for Memorial Day, with Nasdaq trading resuming Tuesday.
May 26, 2026

Stock Market Today

  • Australian Government Proposes Domestic Gas Reservation Scheme Impacting Santos Exports
    May 25, 2026, 8:12 PM EDT. The Australian government unveiled a draft framework mandating gas producers supply 20% of their liquefied natural gas (LNG) exports for domestic use, targeting companies like Santos, the country's second-largest oil and gas producer. The policy aims to curb export volumes to ensure local supply, with penalties up to A$100 million or export restrictions for non-compliance. It offers producers flexibility through measures like import adjustments and gas swapping but expects deficits to be made up later. Industry groups warn the scheme could undermine investment and Australia's international gas market reputation. Resources Minister Madeleine King emphasized the government's consultative approach despite industry objections. The policy reflects the Albanese administration's focus on balancing export demands with domestic energy security amid a shift towards renewable and reliable power sources.