Tag: dividend

Capital and Risk, Credit

First Republic to suspend dividend on preferred stock

April 10, 2023

Via: Banking Dive

First Republic Bank, troubled over loan values and cash outflows, stated in a regulatory filing Friday that its board has decided to suspend payments on its preferred stock. “The right of holders to receive dividends is noncumulative, and the Board […]

Activity, Investment Banking

Is U.S. Bancorp a Great Dividend Stock?

March 4, 2021

Via: Yahoo

Many banks offer attractive dividends that are great for investors who like to focus on passive income. Companies that issue dividends are essentially taking part of their earnings and distributing that portion directly back to shareholders. Typically, dividends are distributed […]