No actionable trading signal for LOB-PA. The dividend declaration is expected and at the contractual rate. Monitor next 10-Q for credit quality and FFO coverage trends if preferred yield dynamics are relevant to your thesis.
Price Chart
Executive Summary
Live Oak Bancshares declared a cash dividend of $0.03 per share on common stock and $0.52344 per depositary share on its 8.375% Series A Non-Cumulative Perpetual Preferred Stock, payable June 15, 2026 to holders of record as of June 2, 2026. This is a routine quarterly dividend declaration with no change in rate from the preferred stock's stated 8.375% annual coupon (equivalent to $0.52344 per quarter per depositary share, or $2.09376 annualized). The filing contains no material new information for preferred stockholders — the dividend is at the contractual rate and the common dividend is nominal.
Key Facts
- Cash dividend of $0.52344 per depositary share (LOB/PA) declared on May 19, 2026
- Dividend payable June 15, 2026 to holders of record June 2, 2026
- Common stock dividend of $0.03 per share declared on same schedule
- Preferred dividend is at the contractual 8.375% annual rate — no change
- No other material events disclosed in this Item 8.01 filing
Financial Impact
Routine quarterly dividend declaration — no material financial impact. The preferred dividend of ~$0.52344/share is consistent with the 8.375% annual coupon.
Risk Factors
- Preferred dividend, while declared, is non-cumulative — issuer can skip without accrual
- No update on issuer financial condition in this filing
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001462120-26-000042 |
| Document: 0001462120-26-000042-index-headers.html | 0001462120-26-000042 |
| Document: 0001462120-26-000042-index.html | 0001462120-26-000042 |
| Document: 0001462120-26-000042.txt | 0001462120-26-000042 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | 144 | $34.68 | awaiting T+20 | — | $34.74 (+0.17%) |
Oct 21, 2026 6d ago | 8-K | $35.71 | awaiting T+20 | — | $34.74 (+2.72%) |
Oct 21, 2026 6d ago | Press Release | $35.71 | awaiting T+20 | — | $34.74 (+2.72%) |
Oct 20, 2026 7d ago | 8-K | $35.35 | awaiting T+20 | — | $34.74 (−1.73%) |
Sep 11, 2026 6w ago | Insider Cluster | $39.40 $34.80 | ▼ −11.68% | ▼ −13.94% | $34.74 (−11.83%) |
Sep 8, 2026 7w ago | Insider Cluster | $38.90 $34.26 | ▼ −11.93% | ▼ −13.87% | $34.74 (−10.69%) |
Sep 3, 2026 7w ago | 144 | $39.56 $36.68 | ▼ −7.28% | ▼ −6.09% | $34.74 (−12.18%) |
Sep 2, 2026 7w ago | 144 | $39.51 $36.39 | ▼ −7.90% | ▼ −7.74% | $34.74 (−12.07%) |
Aug 20, 2026 9w ago | 144 | $40.73 $38.25 | ▲ +6.09% | ▲ +6.09% | $34.74 (+14.71%) |
Aug 19, 2026 9w ago | 144 | $40.89 $38.25 | ▼ −6.46% | ▼ −4.50% | $34.74 (−15.04%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers