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SI Jan 2024 160.000 call

OPR - OPR Delayed price. Currency in USD
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0.20000.0000 (0.00%)
As of 11:19AM EST. Market open.
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Previous close0.2000
Open0.2000
Bid0.0000
Ask0.2000
Strike160.00
Expiry date2024-01-19
Day's range0.2000 - 0.2000
Contract rangeN/A
Volume2
Open interest46
  • Motley Fool

    Why Silvergate Capital's Stock Dropped 11.4% on Friday

    In a press release before the market opened, management said they were suspending dividend payments on 5.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A. This is a form of equity that pays a dividend, so there's an obligation to pay the dividend, but it's not as burdensome as debt. The move comes as investors are seeing customers flee Silvergate Capital, which could turn into a run on the bank. Unlike most banks, Silvergate has systemic risks from industry players that we may not know about.

  • CoinDesk

    Crypto Bank Silvergate Suspends Dividend on Preferred Stock

    The bank is looking to preserve capital as it navigates recent volatility in the crypto industry.

  • Business Wire

    Silvergate Suspends Series A Preferred Stock Dividend

    LA JOLLA, Calif., January 27, 2023--Silvergate Capital Corporation (the "Company" or "Silvergate") (NYSE: SI), the leading provider of innovative financial infrastructure solutions to the digital asset industry, today announced that the Company has suspended the payment of dividends on its 5.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, in order to preserve capital. This decision reflects the Company’s focus on maintaining a highly liquid balance sheet with a strong capital