Customers Bancorp Series F Preferred Shares Declare $0.6548 Dividend

Monday, 29 July 2024, 12:38

Customers Bancorp (CUBI.PR.F) has announced a quarterly dividend of $0.6548 per share for its Series F Non-Cumulative Preferred Stock. This dividend represents an attractive forward yield of 10.29%. The payment is scheduled for September 16 and will be distributed to shareholders on record as of the declaration date. This move highlights the company's commitment to providing value to its investors.
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Customers Bancorp Series F Preferred Shares Declare $0.6548 Dividend

Customers Bancorp Dividend Announcement

Customers Bancorp, trading under the ticker CUBI.PR.F, has officially declared a quarterly dividend of $0.6548 per share for its Series F Preferred Shares. This announcement underscores the company’s financial health and commitment to rewarding shareholders.

Dividend Details

  • Dividend Amount: $0.6548 per share
  • Forward Yield: 10.29%
  • Payable Date: September 16
  • Record Date: For shareholders on record as of the declaration date

Conclusion

The declaration of this dividend reflects Customers Bancorp's ongoing strategy to enhance shareholder returns. With a notable yield, it positions the company favorably within the current market context.


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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