Live Oak Bancshares, Inc. 8-K

What Happened
Live Oak Bancshares, Inc. (LOB) filed an 8-K on May 19, 2026, announcing cash dividend declarations. The Board declared a $0.03 per share cash dividend on Voting Common Stock and a $0.52344 per depositary share cash dividend on its 8.375% Fixed Rate Series A Non‑Cumulative Perpetual Preferred Stock. Both dividends are payable June 15, 2026, to shareholders of record as of June 2, 2026.

Key Details

• Company: Live Oak Bancshares, Inc. (LOB) — 8-K filed May 19, 2026 (Item 8.01).
• Common dividend: $0.03 per share of Voting Common Stock.
• Preferred dividend: $0.52344 per depositary share on 8.375% Series A Non‑Cumulative Perpetual Preferred Stock.
• Record date: June 2, 2026; Payment date: June 15, 2026.
• Filing signed by Walter J. Phifer, Chief Financial Officer.

Why It Matters
Dividends provide direct cash returns to shareholders. The $0.03 common dividend signals a continued cash distribution to common shareholders, while the stated preferred dividend reflects the regular fixed-rate payment for holders of the Series A preferred. Investors tracking income, yield, or cash-flow policies should note the amounts and the upcoming record and payment dates to determine eligibility. The filing does not disclose other changes to capital policy or results.