Seeking Alpha

E*Trade gets green light for dividends from bank subsidiary

  • E*Trade Bank receives regulatory approval to dividend capital back to parent E*Trade Financial (ETFC). The first transaction will take place in September in the amount of $100M. The company plans to seek approval for continuing quarterly payouts of $100M.
  • Shares +6.5% premarket.
  • Press release.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: