DividendApr 30, 2026, 03:02 PM
WAL Declares $0.42 Common Stock Dividend, $106.25 Preferred Dividend
AI Summary
Western Alliance Bancorporation's Board of Directors declared a quarterly cash dividend of $0.42 per share for common stock, payable on May 29, 2026, to shareholders of record as of May 14, 2026. Additionally, the Board declared a quarterly cash dividend of $106.25 per share (or $0.265625 per depositary share) on its 4.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, payable on June 30, 2026, to shareholders of record as of June 15, 2026.
Key Highlights
- WAL declared a quarterly cash dividend of $0.42 per share of common stock.
- The common stock dividend is payable on May 29, 2026, to shareholders of record as of May 14, 2026.
- WAL declared a quarterly cash dividend of $106.25 per share on its Series A Preferred Stock.
- This is equivalent to $0.265625 per depositary share for the Series A Preferred Stock.
- The preferred stock dividend is payable on June 30, 2026, to shareholders of record as of June 15, 2026.
Price Impact
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