First Republic Bank Declares Dividends on Three Series of Perpetual Preferred Stock wallstreet-online.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wallstreet-online.de Daily Mail and Mail on Sunday newspapers.
First Republic Bank Declares Dividends on Series J and K Perpetual Preferred Stock
First Republic Bank Declares Dividends on Series J and K Perpetual Preferred Stock First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that it has declared cash dividends on the following outstanding series of its perpetual preferred stock. A quarterly cash dividend of $11.75 per share was declared on its Noncumulative Perpetual Series J Preferred Stock. This dividend equals $0.293750 per depositary share, each representing 1/40
th interest in a share of Series J Preferred Stock, which is traded on the NYSE under the symbol FRCPrJ. The Series J Preferred Stock dividend is payable on January 29, 2021, to shareholders of record as of January 15, 2021.