An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
TriState Capital Declares Quarterly Dividends on Perpetual Preferred Stock
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
The Board of Directors of TriState Capital Holdings has declared quarterly dividends on its preferred stock. Shareholders will receive a dividend of $0.421875 per depositary share of Series A Non-Cumulative Perpetual Preferred Stock (TSCAP) and $0.3984375 for Series B Non-Cumulative Perpetual Preferred Stock (TSCBP), both payable on April 1, 2022, to holders of record as of March 15, 2022. Additionally, holders of Series C will receive 11 shares and cash totaling $71,125. TriState Capital, operating from Pittsburgh, PA, manages significant assets across various financial services.
Positive
Dividends of $0.421875 (TSCAP) and $0.3984375 (TSCBP) demonstrate financial stability.
Total cash payment of $71,125 to Series C shareholders reflects shareholder returns.
Negative
None.
PITTSBURGH--(BUSINESS WIRE)--
The Board of Directors of TriState Capital Holdings, Inc. (Nasdaq: TSC) declared quarterly dividends on the company’s outstanding non-cumulative perpetual preferred stock.
A dividend of $0.421875 per depositary share of Series A Non-Cumulative Perpetual Preferred Stock (Nasdaq: TSCAP) is payable on April 1, 2022 to holders of record as of March 15, 2022.
A dividend of $0.3984375 per depositary share of Series B Non-Cumulative Perpetual Preferred Stock (Nasdaq: TSCBP) is payable on April 1, 2022 to holders of record as of March 15, 2022.
A dividend of 11 shares of Series C Non-Cumulative Perpetual Preferred Stock and cash in the amount of $71,125.00 is payable on April 1, 2022 to holders of record as of March 15, 2022.
ABOUT TRISTATE CAPITAL TriState Capital Holdings, Inc. (Nasdaq: TSC) is a bank holding company headquartered in Pittsburgh, PA, providing commercial banking, private banking and investment management services to middle-market companies, institutional clients and high-net-worth individuals. Its TriState Capital Bank subsidiary had $12.9 billion in assets as of December 31, 2021, and serves middle-market commercial customers through regional representative offices in Pittsburgh, Philadelphia, Cleveland, Edison, N.J., and New York City, as well as high-net-worth individuals nationwide through its national referral network of financial intermediaries. Its Chartwell Investment Partners subsidiary had $11.8 billion in assets under management as of December 31, 2021, and serves institutional clients and TriState Capital’s financial intermediary network. For more information, please visit http://investors.tristatecapitalbank.com.
