Western Alliance Bancorporation
08/01/2024 | Press release | Distributed by Public on 08/01/2024 04:06
Material Event Form 8 K
ITEM 8.01. OTHER EVENTS.
Quarterly Common and Preferred Stock Dividend.
At the meeting of the Board of Directors (the "Board") of Western Alliance Bancorporation held on July 31, 2024, the Board declared a quarterly cash dividend of $0.37 per share of common stock. The dividend will be payable on August 30, 2024 to shareholders of record as of August 16, 2024.
The Company's Board of Directors also declared a quarterly cash dividend of $106.25 per share (equivalent to $0.265625 per depositary share) on its 4.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. The dividend will be payable on September 30, 2024 to shareholders of record as of September 13, 2024.