Silvergate Capital Suspends Dividend To Save $2.7 Million A Quarter

The end appears to be near for Silvergate Capital (NYSE: SI), whom is focused on providing “innovative financial infrastructure solutions” to the crypto community. The firm this morning suspended a dividend in light of its cash struggles. As of this morning, payment of dividends on outstanding 5.375% Fixed Rate Non-cumulative Perpetual Preferred Stock, Series A, … Continue reading Silvergate Capital Suspends Dividend To Save $2.7 Million A Quarter