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Stock impact report

Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series F Preferred Stock and Announces Full Redemption of Series F Preferred Stock [Yahoo! Finance]

Customers Bancorp, Inc (CUBI) 
Last customers bancorp, inc earnings: 1/22 04:54 pm Check Earnings Report
Company Research Source: Yahoo! Finance
that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE: CUBIPrF) of $0.5726314 per share. The dividend is payable on December 15, 2025, to shareholders of record on November 30, 2025. In addition, Customers Bancorp, Inc. is redeeming, in whole, all 3,400,000 shares ($85.0 million) of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (ticker "CUBIPrF") (the "Series F Preferred Stock") which had a current declared dividend rate of 9.06%. The redemption date for the Series F Preferred Stock Shares is December 15, 2025 (the "Series F Redemption Date"). The cash redemption price, payable on the Series F Redemption Date, for each share of Series F Preferred Stock, will equal $25. Because the redemption date is also a dividend payment date for the Series F Preferred Stock, the redemption price does not include declared and unpaid dividends. Holders of record on N Show less Read more
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