Tectonic Financial (NASDAQ: TECTP) sets Series B preferred dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Tectonic Financial, Inc. announced a quarterly cash dividend of $0.2768541 per share on its 9.00% Fixed-to-Floating Rate Series B Noncumulative Perpetual Preferred Stock. The dividend covers the period from November 17, 2025 to February 17, 2026.
The dividend will be paid on February 17, 2026 to shareholders of record as of the close of business on February 6, 2026. The company previously announced a conditional redemption of this Series B preferred stock on or about February 17, 2026.
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8-K Event Classification
Item 8.01 — Other Events
1 item
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
FAQ
What dividend did Tectonic Financial (TECTP) declare on its Series B preferred stock?
Tectonic Financial declared a quarterly cash dividend of $0.2768541 per share on its 9.00% Fixed-to-Floating Rate Series B Noncumulative Perpetual Preferred Stock, covering the period from November 17, 2025 to February 17, 2026, payable in February 2026 to eligible holders.
When will Tectonic Financial (TECTP) pay the latest Series B preferred dividend?
The Series B preferred dividend will be paid on February 17, 2026. Shareholders must be on record as of the close of business on February 6, 2026 to receive the $0.2768541 per share quarterly cash dividend declared by Tectonic Financial’s board.
What is the record date for Tectonic Financial’s (TECTP) February 2026 Series B dividend?
The record date for the Series B preferred dividend is February 6, 2026. Investors who are shareholders of record at the close of business on that date will be entitled to receive the $0.2768541 per share dividend payable on February 17, 2026.
Which Tectonic Financial security is affected by this $0.2768541 dividend?
The dividend applies to Tectonic Financial’s 9.00% Fixed-to-Floating Rate Series B Noncumulative Perpetual Preferred Stock, which trades under symbol TECTP. Each outstanding share of this preferred series will receive a $0.2768541 quarterly cash dividend for the stated accrual period.
What period does the new Tectonic Financial (TECTP) Series B dividend cover?
The declared Series B preferred dividend covers the period from November 17, 2025 to February 17, 2026. This timeframe defines the accrual period for the $0.2768541 per share payment that will be distributed to eligible preferred shareholders in February 2026.
Has Tectonic Financial (TECTP) announced a conditional redemption of its Series B preferred stock?
Yes, on January 16, 2026 Tectonic Financial announced its conditional redemption of the 9.00% Fixed-to-Floating Rate Series B Noncumulative Perpetual Preferred Stock on or about February 17, 2026, aligning the potential redemption timing with the upcoming dividend payment date.