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.
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S&P Rating BBB- Moodys Rating Baa3
Security Ticker Symbol FRC-H OTC Temp Ticker FTPPP
Market Traded ON 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
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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
