NEW YORK COMMUNITY BANCORP, INC. DECLARES A QUARTERLY CASH DIVIDEND ON ITS PREFERRED STOCK

The Board of Directors of New York Community Bancorp (NYSE: NYCB) declared a quarterly cash dividend of $15.94 per preferred share, translating to $0.3984 for each depositary share.

Rhea-AI Summary

The Board of Directors of New York Community Bancorp (NYSE: NYCB) declared a quarterly cash dividend of $15.94 per preferred share, translating to $0.3984 for each depositary share. This dividend is payable on June 17, 2022, to shareholders on record as of June 7, 2022. As of March 31, 2022, the company reported assets totaling $61.0 billion, loans of $46.8 billion, deposits of $38.0 billion, and stockholders' equity of $6.9 billion.

Positive

• Declared quarterly cash dividend of $15.94 per preferred share.
• Strong financial metrics with $61.0 billion in assets.

Negative

• None.

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HICKSVILLE, N.Y. , May 23, 2022 /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 June 17, 2022 to shareholders of record as of June 7, 2022.

About New York Community Bancorp, Inc.
Based in Hicksville, N.Y., 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 March 31, 2022, the Company reported assets of $61.0 billion, loans of $46.8 billion, deposits of $38.0 billion, and stockholders' equity of $6.9 billion.

Reflecting our growth through a series of acquisitions, the Company operates 237 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

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-301552515.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 for NYCB preferred stock is $15.94 per preferred share.

When will the NYCB dividend be paid?

The NYCB dividend will be paid on June 17, 2022.

What is the record date for NYCB's dividend?

The record date for NYCB's dividend is June 7, 2022.

How much is the dividend for each depositary share of NYCB?

The dividend for each depositary share of NYCB is $0.3984.