First Republic Bank Suspends Preferred Stock Dividends Ahead of Earnings.
TL;DR
First Republic has announced the suspension of dividends on its preferred stock, citing the need to preserve capital and maintain liquidity in light of the ongoing economic uncertainty caused by the COVID-19 pandemic.
- First Republic Suspends Dividends on Preferred Stock The Wall Street Journal
- First Republic Bank is suspending dividend payment on preferred stock MarketWatch
- First Republic Bank Stock: The Self-Fulfilling Prophecy (NYSE:FRC) Seeking Alpha
- First Republic bank to suspend dividends on preferred stock Reuters
- First Republic Has Been Quiet. There May Be News Before Earnings Kick Off The Motley Fool
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