WEST READING, PA — Customers Bancorp, Inc. (NYSE: CUBI) has announced the declaration of quarterly cash dividends on two series of its preferred stock. The Board of Directors unveiled the details recently, affirming payments for both Series E and Series F stockholders.
Shareholders of the Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: CUBIPrE), are set to receive a dividend of $0.67876078 per share. This dividend will be payable on September 16, 2024, to those recorded as shareholders by August 31, 2024.
Similarly, the Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE: CUBIPrF), will see a dividend of $0.65487329 per share. This, too, is payable on September 16, 2024, with the same record date of August 31, 2024.
Customers Bancorp, Inc. stands among the top-performing banking companies in the U.S., with assets nearing $21 billion. This positions the company within the 80 largest bank-holding entities in the nation. The bank offers a comprehensive range of technology-driven products and services to both commercial and consumer clients, distinguished by a Single Point of Contact approach for customer service.
The bank’s performance has been recognized with several accolades. It secured the top spot on American Banker’s 2024 list of top-performing banks with $10 billion to $50 billion in assets. It also ranked 29th on Forbes’ list of the 100 largest publicly traded banks in 2024, and 52nd on Investor’s Business Daily’s 100 Best Stocks for 2023.
These dividends aim to reflect Customers Bancorp’s ongoing commitment to delivering value to its shareholders while maintaining robust financial health.
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