Wealth Hacks & Passive Income · Nathan Briggs · 27 July 2026

Flagstar Bank declares $0.01 common stock cash dividend

Flagstar Bank declares $0.01 common stock cash dividend

Flagstar Bank, N.A. (NYSE: FLG) declared a quarterly cash dividend of $0.01 per share on its common stock, payable September 17, 2026, to stockholders of record as of September 7, 2026. The board also set cash dividends on Series A, B, and D preferred stocks for the same payment and record dates.

For income-focused readers tracking regional bank payouts, the headline number is small but clear: Flagstar's board locked in another quarterly cash distribution on common shares and refreshed preferred distributions on the same calendar. The announcement came from Hicksville, New York, on July 27, 2026, via the bank's official release on PR Newswire.

If you hold FLG common stock—or any of the named preferred series—the practical next step is to note the September 7 record date and September 17 payment date. Miss the record date, and you typically miss that quarter's check. That calendar is the core investor takeaway from this release.

Key Takeaways

What did Flagstar declare on its common stock?

Flagstar Bank, N.A.'s Board of Directors declared a quarterly cash dividend of $0.01 per share on the bank's common stock. The stock trades on the New York Stock Exchange under the ticker FLG.

The common dividend is payable on September 17, 2026. Only common stockholders of record as of September 7, 2026, are entitled to that payment under the terms stated in the release.

At face value, $0.01 per share is a modest cash distribution. For holders of large share counts, it still translates into a predictable quarterly cash credit. For smaller positions, it is more useful as a signal that the board continues to authorize a common cash dividend alongside preferred distributions.

Readers who follow dividend calendars for passive income ideas can compare this declaration with other bank payouts in our Wealth Hacks & Passive Income hub, where timing and yield context matter as much as the headline rate.

Which preferred stock dividends were also declared?

Alongside the common dividend, the board declared quarterly cash dividends on three preferred series. All three share the same payable date—September 17, 2026—and the same record date—September 7, 2026.

For Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock, Series A (NYSE: FLG PRA), the quarterly cash dividend is $15.94 per preferred share. That 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.

For Series B Noncumulative Convertible Preferred Stock, the quarterly cash dividend is $3.3333 per share. For Series D Non-Voting Common Equivalent Stock, the quarterly cash dividend is also $3.3333 per share. Holders of record on September 7, 2026, are scheduled to receive those amounts on September 17, 2026.

Preferred dividends often sit higher in the capital stack than common dividends, which is why income investors watch both announcements together. Here, Flagstar chose to declare common and preferred cash dividends in one release, with aligned settlement dates.

Why do the September record and payment dates matter?

Dividend declarations are only useful if you understand the cutoff. Flagstar's release sets September 7, 2026, as the record date for common stockholders and for holders of Series A, Series B, and Series D preferred stock.

In plain terms, the record date is the ownership snapshot the company uses to decide who gets paid. The payment date—September 17, 2026—is when cash is scheduled to go out. Between those dates, nothing in the release changes the declared amounts; it only confirms when eligible holders should expect the money.

If you are building a dividend calendar, put both dates on it now. Broker settlement rules can affect whether a recent buy qualifies for a given record date, so confirm your share settlement status with your broker before assuming you are on the pay list.

That process—declare, record, pay—is standard for U.S.-listed bank stocks. Flagstar's numbers are specific; the workflow is familiar to anyone collecting quarterly cash from equities.

How big is Flagstar Bank behind this dividend?

Context helps when a regional bank announces a common cash dividend. According to the same release, Flagstar Bank, N.A. is headquartered in Hicksville, New York, and describes itself as one of the largest regional banks in the country.

At June 30, 2026, the bank reported $87.7 billion of assets, $61.2 billion of loans, deposits of $67.5 billion, and total stockholders' equity of $8.1 billion. It operates approximately 340 locations across nine states, with strong footholds in the greater New York/New Jersey metropolitan region and the upper Midwest, plus a significant presence in Florida and West Coast markets.

Those balance-sheet figures do not change the $0.01 common dividend amount. They do explain why FLG and its preferred tickers draw attention from income and banking investors: the franchise is large enough that quarterly dividend calendars are watched closely.

Investor and media contacts listed in the release were Salvatore J. DiMartino for investors and Jessica Torchia for media. The source of the announcement is Flagstar Bank, N.A.

Bottom line for holders: the common cash dividend is $0.01 per share, preferred Series A, B, and D dividends are as stated above, and both the record and payment dates sit in September 2026. Mark September 7 and September 17, confirm your holdings, and treat this as a scheduled cash event—not a forecast of future dividend policy beyond what the board has already declared.

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