#USA #New York #dividends #NYSE FLG #Flagstar Bank

Flagstar Bank Declares Quarterly Cash Dividends

In a recent announcement dated October 28, 2026, Flagstar Bank, N.A. (NYSE: FLG) made it known that their Board of Directors has approved a quarterly cash dividend for the Bank's common stock and also disclosed dividends on several preferred stock series. This is a significant update for investors and stakeholders who keep a keen eye on the Bank's financial health and distribution strategy.

Cash Dividend on Common Stock

The declared cash dividend on Flagstar's common stock stands at $0.01 per share. Shareholders of record as of December 7, 2026, will be eligible to receive this dividend, with payments scheduled for December 17, 2026. This decision underscores the Bank’s ongoing commitment to returning value to its shareholders, even amidst a challenging economic landscape.

Preferred Stock Dividends

In addition to the common stock dividend, the board has also declared cash dividends for three separate series of preferred stock:

1. Series A Preferred Stock: Holders will receive $15.94 per preferred share, which translates to $0.3984 per depositary share. Each depositary share represents a 1/40th ownership interest in a share of Series A. This dividend is also payable on December 17, 2026, to the record holders as of December 7, 2026.

2. Series B Preferred Stock: Investors can expect a quarterly cash dividend of $3.3333 per share, with the same payment date of December 17, 2026.

3. Series D Preferred Stock: This series similarly will provide $3.3333 per share as a quarterly cash dividend to its holders on the same date.

The board's action to declare these dividends indicates a proactive approach to maintaining shareholder confidence and fostering a robust investment environment.

Flagstar Bank Overview

Flagstar Bank, N.A. holds a prominent position in the regional banking sector. As of September 30, 2026, the Bank reported substantial assets amounting to $87.4 billion, with loans reaching $62.1 billion and deposits totaling $67.8 billion. Total stockholders' equity stands at $7.6 billion, reflecting a healthy financial underpinning for the Bank. Operating approximately 320 retail locations and 20 Private Banking Offices across nine states, Flagstar boasts a vigorous presence in key markets like the greater New York/New Jersey metropolitan area and the Midwestern region, as well as emerging markets in Florida and the West Coast.

Conclusion

The declaration of dividends is an integral aspect of Flagstar Bank's financial strategy. As they continue to provide returns to their shareholders through these quarterly distributions, the Bank reaffirms its commitment to enhancing shareholder wealth while maintaining a strong balance sheet. For current and potential investors, these dividends demonstrate a sense of stability and reliability, essential features in today's financial landscape. Shareholders are encouraged to remain informed and engaged as these dividends approach their payment date, and to consider their investment strategies accordingly.

For more information regarding dividends or other investment opportunities, stakeholders may contact Flagstar Bank's investor relations or media relations teams detailed in the press release.