Live Oak Bancshares, Inc. filed a Form 8-K on August 18, 2026, disclosing that its Board of Directors declared cash dividends on both its Voting Common Stock and its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock.

Key Highlights

  • Common stock dividend: The Board declared a cash dividend of $0.03 per share of Voting Common Stock.
  • Preferred stock dividend: A cash dividend of $0.52344 per depositary share was declared on the 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock.
  • Record date: Shareholders of record as of September 1, 2026 will be eligible for both dividends.
  • Payment date: Both dividends are payable on September 15, 2026.
  • Declaration date: Both dividends were declared on August 18, 2026.

Live Oak Bancshares Board Declares September 2026 Dividend Payments

According to the filing, the Board of Directors of Live Oak Bancshares, Inc. (NYSE:LOB) declared two separate cash dividends on August 18, 2026. The first is a dividend of $0.03 per share on the company's Voting Common Stock. The second is a dividend of $0.52344 per depositary share on its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock, with each depositary share representing a 1/40th interest in a share of that preferred stock series.

The filing disclosed that both dividends share the same record date of September 1, 2026, and the same payment date of September 15, 2026. The disclosure was made under Item 8.01 (Other Events) of Form 8-K and was signed by Walter J. Phifer, Chief Financial Officer, on behalf of the registrant. The company is incorporated in North Carolina and maintains its principal executive offices at 1741 Tiburon Drive, Wilmington, NC 28403.

The Voting Common Stock trades on the New York Stock Exchange under the symbol LOB, and the depositary shares of the preferred stock trade on the same exchange under the symbol LOB/PA, as stated in the filing's registered-securities table.

What Was Disclosed

Live Oak Bancshares reported that its Board declared a $0.03 per common share dividend and a $0.52344 per preferred depositary share dividend, both payable September 15, 2026, to shareholders of record as of September 1, 2026.