[8-K] Mechanics Bancorp Reports Material Event
Rhea-AI Filing Summary
Mechanics Bancorp announced that its Board of Directors has approved a cash dividend for both classes of its common stock. Holders of Class A common stock will receive $0.21 per share, and holders of Class B common stock will receive $2.10 per share. The dividends are payable on December 15, 2025, to shareholders who are on record as of the close of business on December 8, 2025. The company also issued a press release with further details, which is included as an exhibit.
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FAQ
What dividend did Mechanics Bancorp (HMST) just declare?
Mechanics Bancorp’s Board approved a cash dividend of $0.21 per share for Class A common stock and $2.10 per share for Class B common stock.
When will Mechanics Bancorp (HMST) pay the new dividend?
The cash dividend on Mechanics Bancorp common stock is payable on December 15, 2025, to eligible shareholders.
What is the record date for Mechanics Bancorp’s latest dividend?
Shareholders of record as of the close of business on December 8, 2025 will be entitled to receive the declared dividend.
Are the dividend amounts different for Mechanics Bancorp Class A and Class B shares?
Yes. Class A common stock will receive $0.21 per share, while Class B common stock will receive $2.10 per share.
Where can investors find more details on the Mechanics Bancorp dividend announcement?
Additional details are provided in the company’s press release dated November 26, 2025, which is filed as Exhibit 99.1.
What SEC form did Mechanics Bancorp use to announce the dividend?
Mechanics Bancorp reported the dividend declaration in a Form 8-K under Item 8.01 Other Events.