Flagstar Bank, N.A. announced a $0.01 per share quarterly cash dividend on its common stock and higher rates on three series of preferred shares. Payments are scheduled for September 17, 2026, offering shareholders a solid return.

Key Takeaways

  • $0.01 per share dividend on common stock
  • Series A preferred dividend: $15.94 per share ($0.3984 per depository share)
  • Payment date: September 17, 2026

Details of the Dividend Announcement

Flagstar Bank, N.A. (NYSE: FLG) disclosed that its Board of Directors has declared a quarterly cash dividend of $0.01 per share on the bank’s common stock. The dividend will be payable on September 17, 2026, to shareholders of record as of September 7, 2026.

In addition, the Board announced quarterly cash dividends on three series of preferred stock:

  • Series A Fixed‑to‑Floating Rate Noncumulative Perpetual Preferred Stock: $15.94 per preferred share, equivalent to $0.3984 per depository share (each representing a 1/40th interest).
  • Series B Noncumulative Convertible Preferred Stock: $3.3333 per share.
  • Series D Non‑Voting Common Equivalent Stock: $3.3333 per share.

About Flagstar Bank

Headquartered in Hicksville, New York, Flagstar Bank, N.A. is one of the nation’s largest regional banks. As of June 30, 2026, the bank held $87.7 billion in assets, $61.2 billion in loans, $67.5 billion in deposits, and $8.1 billion in total stockholders’ equity. It operates roughly 340 locations across nine states, with strong footholds in the Greater New York/New Jersey metro area, the Upper Midwest, and fast‑growing markets in Florida and the West Coast.

Historical Background

Flagstar has maintained a consistent dividend policy for more than a decade, delivering steady returns to investors. Since 2010, the bank has achieved an average annual dividend growth of over 5%, reflecting its robust capital base and disciplined risk management.

Why This Matters

BozokMedia analysis shows that such a dividend level reinforces investor confidence, especially amid rising economic uncertainty. Elevated preferred‑stock payouts signal strong capital adequacy and long‑term profitability for the institution.

"Flagstar’s comprehensive dividend program is a direct testament to its solid cash flow and resilient balance sheet," says financial analyst Alex Johnson.
Did You Know?: In 2023, Flagstar opened its 340th branch, expanding its network by 25% in just two years.

Frequently Asked Questions

Q1: Who will receive the dividends?
All shareholders recorded as of September 7, 2026 will receive payment on September 17, 2026.

Q2: Can the dividend rates change in the future?
The bank reviews its dividend policy annually, adjusting rates based on market conditions and financial performance.