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

Rhea-AI Summary

The Board of Directors of New York Community Bancorp has declared a quarterly cash dividend of $15.94 per share on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (NYCB.PRA), equating to $0.3984 for each depositary share. This dividend will be payable on September 17, 2022, to shareholders of record as of September 7, 2022. As of June 30, 2022, the company reported assets of $63.1 billion, loans of $48.5 billion, and deposits totaling $41.2 billion.

Positive

• Quarterly cash dividend of $15.94 per preferred share, signifying company confidence.
• Strong balance sheet with assets of $63.1 billion and stockholders' equity of $6.8 billion.

Negative

• None.

HICKSVILLE, N.Y., Aug. 22, 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 September 17, 2022 to shareholders of record as of September 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 June 30, 2022, the Company reported assets of $63.1 billion, loans of $48.5 billion, deposits of $41.2 billion, and stockholders' equity of $6.8 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

 

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SOURCE New York Community Bancorp, Inc.

FAQ

What is the dividend amount declared by NYCB for its preferred stock?

New York Community Bancorp declared a dividend of $15.94 per preferred share.

When is the dividend payment date for NYCB.PRA?

The dividend is payable on September 17, 2022.

What is the record date for NYCB's preferred stock dividend?

The record date for the dividend is September 7, 2022.

How much is the dividend per depositary share for NYCB.PRA?

The dividend equates to $0.3984 for each depositary share.