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New York Community Bancorp, Inc. Declares a Quarterly Cash Dividend On Its Preferred Stock

New York Community Bancorp, Inc. (NYSE: NYCB) declared a quarterly cash dividend of $15.94 per preferred share on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (NYSE: NYCB.PRA).

(Neutral)

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Rhea-AI Summary

New York Community Bancorp, Inc. (NYSE: NYCB) declared a quarterly cash dividend of $15.94 per preferred share on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (NYSE: NYCB.PRA). This translates to $0.3984 for each depositary share, representing a 1/40th ownership interest in a share of the Series A preferred stock. The dividend will be payable on September 17, 2021, to shareholders on record as of September 7, 2021. As of June 30, 2021, the company reported assets of $57.5 billion and loans of $43.6 billion.

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Positive

  • Dividend payment demonstrates financial stability and confidence in shareholder returns.

Negative

  • None.
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News Market Reaction – NYCB

The recorded move for NYCB in the trading session of this news was +0.65%.

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HICKSVILLE, N.Y., August 23, 2021 /PRNewswire/ -- The Board of Directors of New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") announced the declaration of a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (NYSE: NYCB PA) at the rate of $15.94 per preferred share, which equates to $0.3984 for each depositary share.  Each depositary share represents a 1/40th ownership interest in a share of the Series A preferred stock.

The dividend will be payable on September 17, 2021 to shareholders of record as of September 7, 2021.

About New York Community Bancorp, Inc.

Based in Hicksville, NY, New York Community Bancorp, Inc. is a leading producer of multi-family loans on non-luxury, rent-regulated apartment buildings in New York City, and the parent of New York Community Bank. At June 30, 2021, the Company reported assets of $57.5 billion, loans of $43.6 billion, deposits of $34.2 billion, and stockholders' equity of $6.9 billion.

Reflecting our growth through a series of acquisitions, the Company operates 236 branches through eight local divisions, each with a history of service and strength: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona.

Investor/Media Contact:

Salvatore J. DiMartino


(516) 683-4286

 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/new-york-community-bancorp-inc-declares-a-quarterly-cash-dividend-on-its-preferred-stock-301360210.html

SOURCE New York Community Bancorp, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for NYCB Preferred Stock?

The dividend amount is $15.94 per preferred share, or $0.3984 per depositary share.

When is the dividend for NYCB Preferred Stock payable?

The dividend will be payable on September 17, 2021.

What is the record date for the NYCB dividend?

The record date is September 7, 2021.

What is the stock symbol for New York Community Bancorp?

The stock symbols are NYCB for common shares and NYCB.PRA for Series A preferred shares.

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