Carter Bankshares, Inc. 8-K

What Happened
On April 23, 2026, Carter Bankshares, Inc. (NASDAQ: CARE), the holding company of Carter Bank, announced the Board declared a quarterly cash dividend of $0.10 per share. The dividend is payable May 25, 2026 to shareholders of record as of May 11, 2026. The company noted an annualized dividend yield of 1.64% based on the April 21, 2026 closing stock price of $24.44.

Key Details

• Dividend amount: $0.10 per share (quarterly cash dividend).
• Record date: May 11, 2026; Payment date: May 25, 2026.
• Annualized yield: 1.64% (based on CARE closing price $24.44 on April 21, 2026).
• Form 8-K filed April 23, 2026; press release announcing the dividend is attached as Exhibit 99.

Why It Matters
This is a board-approved cash distribution to shareholders and provides a modest income return (1.64% annualized at the cited share price). For income-focused investors, the timing, amount and yield are the concrete facts to consider; for others, note the dividend level when comparing CARE to peers or evaluating total return.