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

Rhea-AI Summary

On May 24, 2021, New York Community Bancorp (NYSE: NYCB) announced a quarterly cash dividend for its Series A preferred stock at a rate of $15.94 per share, translating to $0.3984 per depositary share. The dividend will be payable on June 17, 2021 to shareholders on record as of June 7, 2021. As of March 31, 2021, the company reported substantial assets of $57.7 billion, loans of $43.1 billion, and deposits of $34.2 billion.

Positive

• Quarterly cash dividend of $15.94 per preferred share benefits shareholders.
• Strong asset base of $57.7 billion indicates financial stability.

Negative

• None.

WESTBURY, N.Y., May 24, 2021 /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 June 17, 2021 to shareholders of record as of June 7, 2021.

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 March 31, 2021, the Company reported assets of $57.7 billion, loans of $43.1 billion, deposits of $34.2 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 announced by New York Community Bancorp (NYSE: NYCB)?

The announced dividend amount is $15.94 per preferred share, equating to $0.3984 for each depositary share.

When will the dividend for NYCB be paid?

The dividend will be payable on June 17, 2021.

What is the record date for receiving the NYCB dividend?

The record date for the dividend is June 7, 2021.

How do the assets of New York Community Bancorp compare in the industry?

As of March 31, 2021, the company reported assets of $57.7 billion, positioning it as a key player in the banking sector.