Carter Bankshares, Inc. filed a Form 8-K on October 29, 2026, disclosing that its Board of Directors declared a quarterly cash dividend of $0.10 per share on October 28, 2026.

Key Highlights

  • Dividend amount: The Board declared a quarterly cash dividend of $0.10 per share on October 28, 2026.
  • Payment date: The dividend is payable on November 23, 2026.
  • Record date: Shareholders of record as of November 9, 2026 are eligible to receive the dividend.
  • Annualized yield: Based on a closing stock price of $30.22 on October 28, 2026, the annualized dividend yield is 1.32%, according to the filing.
  • Issuer: Carter Bankshares, Inc. is the holding company of Carter Bank, headquartered in Martinsville, Virginia.

Carter Bankshares Board Declares October 2026 Quarterly Cash Dividend

According to the Form 8-K filed with the U.S. Securities and Exchange Commission on October 29, 2026, Carter Bankshares, Inc. (NASDAQ:CARE) announced via press release that its Board of Directors declared a quarterly cash dividend of $0.10 per share. The declaration date was October 28, 2026, and the filing identifies Carter Bankshares as the holding company of Carter Bank.

The filing states that the dividend will be payable on November 23, 2026, to shareholders of record as of November 9, 2026. The company disclosed that, based on the closing stock price of $30.22 on October 28, 2026, the annualized dividend yield is 1.32%. The press release announcing the dividend is attached as Exhibit 99 to the Form 8-K and is incorporated by reference.

The filing was signed by Wendy S. Bell, Chief Financial Officer of Carter Bankshares, Inc., on October 29, 2026. The report contains forward-looking statements, which the company cautions are not guarantees of future results and are subject to risks, uncertainties, and assumptions described in the filing and in the company's Annual Report on Form 10-K for the year ended December 31, 2025. The company states it undertakes no obligation to update forward-looking statements except as required by law.

What Was Disclosed

Carter Bankshares filed an 8-K on October 29, 2026, reporting that its Board declared a $0.10 per share quarterly cash dividend on October 28, 2026, payable November 23, 2026, to holders of record as of November 9, 2026, with an annualized yield of 1.32% based on a $30.22 closing price.