SCB Raises Dividend
SCB plans to raise common dividend to $5.00 from $4.50 starting July 1st, subject to Board approval
Federal Reserve 2026 CCAR results showed the firm remains well capitalized; SCB remains 3.4% through Sept.
30th, 2027, and Standardized CET1 ratio requirement remains 11.4%. - Dividend increase is subject to Board approval at the scheduled third quarter meeting.