TMCnet News
TriState Capital Declares Quarterly Dividends on Perpetual Preferred StockThe Board of Directors of TriState Capital Holdings, Inc. (Nasdaq: TSC) declared quarterly cash 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 October 1, 2020 to holders of record as of September 15, 2020. A dividend of $0.3984375 per depositary share of Series B Non-Cumulative Perpetual Preferred Stock (Nasdaq: TSCBP) is payable on October 1, 2020 to holders of record as of September 15, 2020. ABOUT TRISTATE CAPITAL TriState Capital Holdings, Inc. (Nasdaq: TSC) is a bank holding company headquartered in Pittsburgh, Pa., providing commercial bankig, private banking and investment management services to middle-market companies, institutional clients and high-net-worth individuals. Its TriState Capital Bank subsidiary had $9.06 billion in assets as of June 30, 2020, 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 $9.25 billion in assets under management as of June 30, 2020, and serves institutional clients and TriState Capital's financial intermediary network. For more information, please visit http://investors.tristatecapitalbank.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20200803005042/en/ |
