Carter Bankshares (NASDAQ:CARE) declared a quarterly cash dividend of $0.10 per share, approved by its board on July 22, 2026. Based on the July 22, 2026 closing price of $32.92, the annualized dividend yield is 1.22%. The dividend will be paid on August 24, 2026 to shareholders of record as of August 10, 2026. Carter Bankshares, headquartered in Martinsville, Virginia, reports $4.8 billion in assets and operates 63 branches in Virginia and North Carolina through its subsidiary Carter Bank as of June 30, 2026.
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Positive
Quarterly dividend declared of $0.10 per share, payable August 24, 2026
Annualized dividend yield calculated at 1.22% based on $32.92 share price
$4.8 billion in assets as of June 30, 2026
63 branches in Virginia and North Carolina supporting regional presence
Negative
None.
News Market Reaction – CARE
+2.98%
3 alerts
+2.98%Session close to close
$739.77MMarket Cap
0.1xRel. Volume
In the Jul 23 session, CARE gained 2.98%, reflecting a moderate positive market reaction.
Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.
MARTINSVILLE, VA / ACCESS Newswire / July 23, 2026 / The board of directors of Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank"), approved a cash dividend of $0.10 per share on July 22, 2026. Based on the closing stock price on July 22, 2026 of $32.92, the annualized dividend yield is 1.22%. The dividend is payable on August 24, 2026 to shareholders of record as of August 10, 2026.
About Carter Bankshares, Inc.
Headquartered in Martinsville, VA, Carter Bankshares, Inc. (NASDAQ:CARE) provides a full range of commercial banking, consumer banking, mortgage and services through its subsidiary Carter Bank. The Company has $4.8 billion in assets and 63 branches in Virginia and North Carolina as of June 30, 2026. For more information or to open an account visit www.carterbank.com.
What dividend did Carter Bankshares (NASDAQ:CARE) declare on July 23, 2026?
Carter Bankshares declared a $0.10 per share quarterly cash dividend. According to Carter Bankshares, the board approved the dividend on July 22, 2026, continuing cash returns to shareholders through regular quarterly distributions.
What is the dividend yield for Carter Bankshares (CARE) after the July 2026 declaration?
The annualized dividend yield is 1.22% based on a $32.92 closing price. According to Carter Bankshares, this yield reflects the newly declared $0.10 quarterly dividend and the stock price as of July 22, 2026.
When is the record date and payment date for Carter Bankshares (CARE) August 2026 dividend?
The record date is August 10, 2026 and the payment date is August 24, 2026. According to Carter Bankshares, only shareholders of record on August 10, 2026 will receive the $0.10 per share dividend.
How large is Carter Bankshares (CARE) in terms of assets and branch network?
Carter Bankshares reports $4.8 billion in assets and 63 branches. According to Carter Bankshares, these branches operate in Virginia and North Carolina through its subsidiary Carter Bank as of June 30, 2026.
Is the Carter Bankshares (CARE) dividend a one-time or regular payment?
Carter Bankshares described the $0.10 payout as a quarterly dividend. According to Carter Bankshares, this language indicates an ongoing pattern of quarterly cash distributions, rather than a special or one-time dividend.
How can investors learn more about Carter Bankshares (CARE) banking services and investor relations?
Investors can visit www.carterbank.com for information and account opening. According to Carter Bankshares, investor relations inquiries can be directed to the email address provided by the company, supporting communication with shareholders and prospective investors.
