Flagstar Bank Declares $0.01 Quarterly Dividend on Common Stock

Dividend Declaration Details

Flagstar Bank, N.A. (NYSE: FLG) announced that its Board of Directors has declared a quarterly cash dividend of $0.01 per share on the company's common stock. The dividend is scheduled for payment on September 17, 2026, to shareholders of record as of the close of business on September 7, 2026.

In addition to the common stock dividend, the Board declared quarterly cash dividends on three series of the bank's preferred stock. Specific rates and payment dates for the preferred dividends were not detailed in the announcement.

Company Overview

Flagstar Bank, N.A., headquartered in Hicksville, New York, is one of the largest regional banks in the United States. As of June 30, 2026, the bank reported total assets of $87.7 billion, loans of $61.2 billion, deposits of $67.5 billion, and total stockholders' equity of $8.1 billion. The bank operates approximately 340 branches across nine states, with a strong presence in the greater New York/New Jersey metropolitan area, the upper Midwest, and growing markets in Florida and the West Coast.

What it means for income investors

The $0.01 per share common dividend continues Flagstar's modest payout, reflecting the bank's focus on capital preservation and growth. With a solid equity base and diversified regional footprint, the dividend remains sustainable, though income investors may find the yield minimal.

Reporting based on: PR Newswire. Figures verified against market data where available.