Silvergate suspends dividends to preserve ' highly liquid balance sheet '

California-based crypto bank Silvergate has suspended dividend payouts to preserve its “highly liquid balance sheet.” In a Jan. 27 announcement, the firm stated that it is halting “the payment of dividends on its 5.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, in order to…#silvergate #silvegate #alanlane #sipa #yahoofinance
Source: Reuters: Health - Category: Consumer Health News Source Type: news