First Republic Bank 5.125% Non Cumulative Perpetual Series H Preferred Stock
By: Tim McPartland,
Date Issued  5/31/2017
Shares Issued  8,000,000  Overallotment Shares  0
NOTE THAT FIRST REPUBLIC BANK IS NOT SEC REGULATED (they are regulated by the FDIC) THUS THERE IS NO PROSPECTUS AVAILABLE. ONE MUST GO TO THEIR WEBSITE.Â
S&P Rating  BBB-  Moodys Rating  Baa3
Security Ticker Symbol   FRC-H  OTC Temp Ticker  FTPPP
Market Traded ONÂ Â NYSE
Dividend Payment Paid on the 30th of March, June, September and December beginning on 9/30/2017
Quarterly Dividend  .32  Annual Dividend  1.28125
Securities may be redeemed, at the issuers option, as early as 6/30/2022 for a redemption price of $25/share plus accrued dividends
Dividend Payment Likely Will be a Qualified Distributions
Maturity Date  None
Â