The Silvergate Capital Board of Directors announced a quarterly dividend of $0.336 per share. The last day to buy securities to receive the dividend is April 27, 2022. The annual dividend yield may reach 0.26%.

Silvergate Capital's GAAP net income for 3 months of 2022 was $27.386 million, up 2.2 times from $12.71 million in the previous year. Net interest income increased 2.3 times to $52.969 million from $23.015 million a year earlier.

Silvergate Capital Corporation bought Diem's blockchain assets from Meta for $182 million. Herewith only $50 million was paid in cash, with the remainder paid through the issuance of 1,221,217 shares of Silvergate Class A common stock. Silvergate plans to launch its own stabelcoin based on the Diem blockchain network by the end of the year.

Silvergate Capital's GAAP net income for 2021 was $78.528 million, up three times from $26.038 million in the previous year. Net interest income rose 78.6% to $129.267 million from $72.364 million a year earlier.