# Silvergate suspends dividends to preserve ‘highly liquid balance sheet’

# Silvergate suspends dividends to preserve ‘highly liquid balance sheet’

” Silvergate suspends dividends to preserve ‘highly liquid balance sheet’ “ California-based crypto bank Silvergate has suspended dividend payouts to preserve its “highly liquid balance sheet.” In a Jan. 27 announcement, the firm stated that it is halting “the payment of dividends on its 5.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, in order…

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