TriState Capital Declares Quarterly Dividends on Perpetual Preferred Stock
PITTSBURGH--(BUSINESS WIRE)--The 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 January 2, 2020 to holders of record as of December 18, 2019.
A dividend of $0.3984375 per depositary share of Series B Non-Cumulative Perpetual Preferred Stock (Nasdaq: TSCBP) is payable on January 2, 2020 to holders of record as of December 18, 2019.
ABOUT TRISTATE CAPITAL
TriState Capital Holdings, Inc. (Nasdaq: TSC) is a bank holding company headquartered in Pittsburgh, Pa., providing commercial banking, private banking and investment management services to middle-market companies, institutional clients and high-net-worth individuals. Its TriState Capital Bank subsidiary had $7.1 billion in assets as of September 30, 2019, 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 $9.6 billion in assets under management as of September 30, 2019, and serves institutional clients and TriState Capital’s financial intermediary network. For more information, please visit http://investors.tristatecapitalbank.com.