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TechFlow news — Silvergate Capital, a crypto-friendly bank, announced it has suspended dividend payments on its 5.375% fixed-rate non-cumulative perpetual preferred stock Series A to preserve liquidity.
In addition, the company's board of directors will reassess the payment of quarterly dividends as market conditions evolve.Original link
Silvergate Capital, a crypto-friendly bank, announced it has suspended dividend payments on its 5.375% fixed-rate non-cumulative perpetual Series A preferred stock to preserve liquidity. Additionally, the company's board of directors will reassess the payment of quarterly dividends as market conditions evolve.
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