New York Community Bancorp, Inc. Declares A Quarterly Cash Dividend On Its Preferred Stock

Rhea-AI Summary

New York Community Bancorp (NYSE: NYCB) has declared a quarterly cash dividend of $15.94 per preferred share on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A, translating to $0.3984 per depositary share. The dividend is payable on September 17, 2020, with a record date of September 7, 2020. As of June 30, 2020, the company reported $54.2 billion in assets and $42.4 billion in loans, highlighting its strong financial position.

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• Quarterly cash dividend declared at $15.94 per preferred share, enhancing shareholder returns.
• Strong financial metrics reported as of June 30, 2020: $54.2 billion in assets and $42.4 billion in loans.

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• None.

WESTBURY, N.Y., Aug. 24, 2020 /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, 2020 to shareholders of record as of September 7, 2020.

About New York Community Bancorp, Inc.

Based in Westbury, NY, 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, 2020, the Company reported assets of $54.2 billion, loans of $42.4 billion, deposits of $31.7 billion, and stockholders' equity of $6.7 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 for NYCB's Series A preferred stock?

The dividend amount for NYCB's Series A preferred stock is $15.94 per preferred share.

When is the dividend for NYCB's Series A preferred stock payable?

The dividend is payable on September 17, 2020.

What is the record date for NYCB's dividend payment?

The record date for NYCB's dividend payment is September 7, 2020.

How much are the total assets of New York Community Bancorp?

As of June 30, 2020, New York Community Bancorp reported total assets of $54.2 billion.