DividendMay 19, 2026, 04:26 PM
Live Oak Bancshares Declares $0.03 Common Stock Dividend
AI Summary
Live Oak Bancshares, Inc. announced that its Board of Directors declared cash dividends for both its common and preferred stock. Shareholders of Voting Common Stock will receive $0.03 per share, while holders of the 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock will receive $0.52344 per depositary share. These dividends are scheduled to be paid on June 15, 2026, to shareholders on record as of June 2, 2026.
Key Highlights
- Live Oak Bancshares declared a cash dividend of $0.03 per share for Voting Common Stock.
- A cash dividend of $0.52344 per depositary share was declared for 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock.
- Both dividends are payable on June 15, 2026.
- Shareholders of record as of June 2, 2026, will receive the dividends.
Price Impact
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