WAFD INC 8-K

What Happened

• WaFd Inc. announced (via Form 8-K filed May 12, 2026) a cash dividend on its 4.875% Fixed Rate Series A Non‑Cumulative Perpetual Preferred Stock. The dividend is $12.1875 per full preferred share, which equals $0.30468750 per depositary share (each depositary share represents a 1/40th interest in a Series A preferred share). The Series A Preferred trades on NASDAQ under the symbol WAFDP. The dividend is payable July 15, 2026 to holders of record as of June 30, 2026.

Key Details

• Dividend amount: $12.1875 per Series A preferred share.
• Depositary share amount: $0.30468750 per depositary share (1/40th interest).
• Security: 4.875% Fixed Rate Series A Non‑Cumulative Perpetual Preferred Stock (NASDAQ: WAFDP).
• Record date/payable date: Record date June 30, 2026; payable July 15, 2026.
• Dividend is non‑cumulative (missed dividends would not accumulate).

Why It Matters

• Preferred shareholders will receive the announced cash payment on July 15 if they hold depositary shares by the June 30 record date.
• Because the dividend is non‑cumulative, future dividend decisions and payments are at the company’s discretion and missed payments are not accrued, which is important for income-focused investors to note.
• This is a targeted distribution affecting holders of WAFDP depositary shares and does not directly change common‑share earnings reported for WaFd’s regular quarterly results.