Customers Bancorp Declares Quarterly Dividend on Series E Preferred Shares

Monday, 29 July 2024, 12:38

Customers Bancorp has announced a quarterly dividend of $0.6787 per share for its Non-Cumulative Perpetual Preferred Shares, Series E (CUBI.PR.E). This dividend translates to a forward yield of 10.56%. The dividend will be payable on September 16 to shareholders on record as of the declaration date. This strategic move highlights the company's commitment to providing consistent returns to its investors.
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Customers Bancorp Declares Quarterly Dividend on Series E Preferred Shares

Customers Bancorp Announces Quarterly Dividend

Key Details of the Dividend

Customers Bancorp Non-Cumulative Perpetual Preferred Shares, Series E (CUBI.PR.E) has declared a quarterly dividend of $0.6787 per share. The forward yield is reported at 10.56%.

Payment Information

  • Dividend Amount: $0.6787 per share
  • Yield: 10.56%
  • Payable Date: September 16

Conclusion

This announcement reinforces Customers Bancorp's strong commitment to its investors and its position in the market. Shareholders can anticipate a reliable return, aligning with the company's growth strategy.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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