First Republic Bank 7% Non Cumulative Perpetual Preferred Stock
By: Tim McPartland,
NOTE THAT FIRST REPUBLIC BANK IS NOT SEC REGULATED THUS THERE IS NO PROSPECTUS AVAILABLE. ONE MUST GO TO THEIR WEBSITE. Link to the prospectus is here.
S&P Rating BBB- Moodys Rating Baa3
Security Ticker Symbol FRC-E
Market Traded ON NYSE
Dividend Payment Paid on the 30th of March, June, September and December beginning on 12/30/2013
Quarterly Dividend .438 Annual Dividend 1.75
Securities may be redeemed, at the issuers option, as early as 12/30/2018 for a redemption price of $25/share plus accrued dividends
Dividend Payment Likely Will be a Qualified Distributions
Maturity Date None
Company Investor Relations Page for First Republic Bank
Below you can find the Final Pricing Document (press release)
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