Live Oak Bancshares Declares $0.03 Quarterly Common Stock Dividend
Live Oak Bancshares, Inc., a North Carolina-based commercial bank, declared a $0.03 per share quarterly dividend on its common stock. The company also declared a $0.52344 dividend on its preferred shares.
Live Oak Bancshares, Inc. (NYSE: LOB), a commercial bank specializing in lending to small businesses, declared a quarterly cash dividend of $0.03 per share on its voting common stock. The dividend will be paid March 15, 2026 to shareholders of record as of March 5, 2026. Read more dividend announcements.
The board approved the dividend on February 19, 2026. This marks the company's regular quarterly distribution to common stockholders.
Preferred Stock Dividend
Live Oak Bancshares also declared a dividend of $0.52344 per depositary share on its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock (NYSE: LOB/PA). The preferred dividend follows the same record and payment dates as the common stock dividend.
Each depositary share represents a 1/40th interest in a share of the preferred stock.
Dividend Details
| Security | Amount | Record Date | Payment Date |
|---|---|---|---|
| Common Stock | $0.03 | March 5, 2026 | March 15, 2026 |
| Series A Preferred | $0.52344 | March 5, 2026 | March 15, 2026 |