On July 25, 2019, the Board of Directors of E*TRADE Financial Corporation (the “Company”) declared cash dividends of $29.375 per share on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A and $2,650.00 per share (equivalent to $26.500 per depositary share) on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B. Each of these cash dividends will be paid on September 16, 2019 to stockholders of record as of the close of business on August 30, 2019.

About E*TRADE Financial Corporation (NASDAQ:ETFC)

E*Trade Financial Corporation is a financial services company. The Company provides brokerage and related products and services primarily to individual retail investors under the brand E*TRADE Financial. The Company also provides investor-focused banking products, primarily sweep deposits, to retail investors. The Company operates in two segments: trading and investing, and balance sheet management. Its trading and investing segment offers a suite of financial products and services to individual retail investors. Its balance sheet management segment focuses on asset allocation and managing credit, liquidity and interest rate risks. Its hybrid service delivery model is delivered through various digital platforms: E*TRADE.com, E*TRADE Mobile and E*TRADE Pro. E*TRADE.com is its site that provides customers with tools, guidance, actionable ideas, research and education to take control of their finances. E*TRADE Mobile offers trading applications for various smartphones and tablets.