|8-KFeb 3, 4:09 PM ET

WAFD INC 8-K

Research Summary

AI-generated summary

Updated

WAFD Inc. Declares $12.1875 Per-Share Preferred Dividend

What Happened
WAFD, Inc. announced a cash dividend of $12.1875 per share on its 4.875% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock in a Form 8-K filed February 3, 2026. The dividend is payable April 15, 2026, to holders of record as of March 31, 2026.

Key Details

  • Dividend amount: $12.1875 per share of Series A Preferred Stock.
  • Depositary share amount: $0.30468750 per depositary share (each depositary share represents a 1/40th interest in a Series A preferred share).
  • Security: Series A Preferred Stock trades on NASDAQ under the symbol "WAFDP."
  • Record date: March 31, 2026; Payment date: April 15, 2026.
  • Security type: 4.875% Fixed Rate, Non-Cumulative, Perpetual preferred shares.

Why It Matters
This is a cash payout to holders of WAFD’s Series A preferred shares (and holders of corresponding depositary shares). For preferred shareholders, the announced dividend provides specified income; because the shares are non-cumulative, any missed dividends would not accrue for future payment. The record date determines who is eligible to receive this payment.