Live Oak Bancshares, Inc. 8-K

What Happened
Live Oak Bancshares, Inc. (LOB) filed a Form 8-K (Item 8.01) on February 19, 2026, announcing that its Board declared cash dividends. The board declared a $0.03 dividend per share on Voting Common Stock and a $0.52344 dividend per depositary share of its 8.375% Fixed Rate Series A Non‑Cumulative Perpetual Preferred Stock. Both dividends are payable March 15, 2026 to shareholders of record as of March 5, 2026. The filing is signed by Walter J. Phifer, Chief Financial Officer.

Key Details

• Dividend declarations announced on February 19, 2026 (Form 8-K, Item 8.01).
• Common stock dividend: $0.03 per Voting Common share.
• Preferred stock dividend: $0.52344 per depositary share for the 8.375% Series A Preferred.
• Record date: March 5, 2026; Payment date: March 15, 2026.

Why It Matters
This notice confirms the company will return cash to both common and preferred shareholders in mid‑March. For common shareholders, the $0.03 per‑share payout is a regular cash distribution to holders of Voting Common Stock. For holders of the Series A preferred depositary shares, the stated $0.52344 payment reflects the scheduled preferred dividend. Investors should note the record and payment dates to ensure eligibility and consider these cash flows when assessing near‑term income from LOB securities.