First Republic Bank Suspends Preferred Stock Dividends Ahead of Earnings.
TL;DR Summary
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
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- First Republic bank to suspend dividends on preferred stock Reuters
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