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Live Oak Bancshares (NASDAQ: LOB) declares Sept. dividends

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Live Oak Bancshares, Inc. (LOB) announced that its Board of Directors declared cash dividends on both its common and preferred equity. The company declared a dividend of $0.03 per share on its Voting Common Stock and $0.52344 per depositary share of its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock. Each dividend is payable on September 15, 2026 to shareholders of record as of September 1, 2026.

Positive

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Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Common stock dividend $0.03 per share Cash dividend on Voting Common Stock declared by the Board of Directors
Preferred depositary share dividend $0.52344 per depositary share Cash dividend on 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock depositary shares
Preferred stock coupon rate 8.375% Fixed rate on Series A Non-Cumulative Perpetual Preferred Stock represented by depositary shares
Dividend payment date September 15, 2026 Payable date for both common and preferred cash dividends
Dividend record date September 1, 2026 Shareholders of record date for entitlement to declared dividends
Depositary Shares financial
"a cash dividend of $0.52344 per depositary share of its 8.375% Fixed Rate"
Depositary shares are tradable certificates that represent a fractional piece of a larger security held by a third-party bank, like owning a slice of a single big pie instead of the whole pie. They let companies issue and investors buy smaller, more affordable portions of preferred stock or other instruments; holders usually receive proportional dividends and market pricing similar to ordinary shares, but may have limited voting rights and different liquidity or tax implications, which can affect income and resale value.
Non-Cumulative Perpetual Preferred Stock financial
"8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock, each such dividend"
Non-cumulative perpetual preferred stock is a type of investment that pays a fixed dividend forever, without a set end date. If the company skips some dividends in a year, you don’t get that money later, and it’s gone forever. It matters because investors get regular income but may miss out if the company faces financial trouble.
shareholders of record financial
"dividend payable on September 15, 2026 to shareholders of record as of"
Shareholders of record are the people officially listed as owners of a company's stock on a specific date. This matters because only these shareholders are entitled to receive dividends or vote at company meetings. It's like being on the official guest list for a party—you get to enjoy the perks and have a say.

FAQ

What dividend did Live Oak Bancshares (LOB) declare on its common stock?
Live Oak Bancshares declared a $0.03 per share cash dividend on its Voting Common Stock, payable on September 15, 2026 to shareholders of record as of September 1, 2026.

What is the preferred stock dividend announced by Live Oak Bancshares (LOB)?
The company declared a cash dividend of $0.52344 per depositary share of its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock, payable on September 15, 2026 to holders of record on September 1, 2026.

When will Live Oak Bancshares (LOB) pay the declared dividends?
Both the common and preferred dividends are payable on September 15, 2026. Shareholders must be on record as of September 1, 2026 to receive the respective cash dividends.

What is the record date for the Live Oak Bancshares (LOB) dividends?
The record date for both the common and preferred dividends is September 1, 2026. Shareholders recorded on this date will be entitled to receive payment on September 15, 2026.

Which securities of Live Oak Bancshares (LOB) are receiving dividends in this announcement?
Dividends were declared on Voting Common Stock at $0.03 per share and on depositary shares representing its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock at $0.52344 per depositary share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Understanding 8-K Material Events →
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 18, 2026
LiveOakBancsharesLogo.jpg
LIVE OAK BANCSHARES, INC.
(Exact name of registrant as specified in its charter)
North Carolina001-3749726-4596286
(State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1741 Tiburon Drive,Wilmington,NC28403
(Address of principal executive offices)(Zip Code)
Registrant’s Telephone Number, Including Area Code: (910) 790-5867
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Voting Common Stock, no par value per shareLOBNew York Stock Exchange LLC
Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock, no par value per share
LOB/PANew York Stock Exchange LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o


Item 8.01. Other Events.
On August 18, 2026, the Board of Directors of Live Oak Bancshares, Inc. (the “Company”) declared a cash dividend of $0.03 per share of Voting Common Stock and a cash dividend of $0.52344 per depositary share of its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock, each such dividend payable on September 15, 2026 to shareholders of record as of September 1, 2026.



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
LIVE OAK BANCSHARES, INC.
Date: August 18, 2026By:/s/ Walter J. Phifer
Walter J. Phifer
Chief Financial Officer

Source: View Original Filing on SEC EDGAR

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