Morningstar

Carter Bankshares, Inc. Declares Quarterly Dividend

Provided by ACCESS Newswire

MARTINSVILLE, VA / ACCESS Newswire / October 29, 2026 / The board of directors of Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank"), approved a cash dividend of $0.10 per share on October 28, 2026. Based on the closing stock price on October 28, 2026 of $30.22, the annualized dividend yield is 1.32%. The dividend is payable on November 23, 2026 to shareholders of record as of November 09, 2026.

About Carter Bankshares, Inc.

Headquartered in Martinsville, VA, Carter Bankshares, Inc. (NASDAQ:CARE) provides a full range of commercial banking, consumer banking, mortgage and services through its subsidiary Carter Bank. The Company has $4.7 billion in assets and 63 branches in Virginia and North Carolina as of September 30, 2026. For more information or to open an account visit www.carterbank.com.

investorrelations@carterbank.com

SOURCE: Carter Bankshares, Inc.



View the original press release on ACCESS Newswire

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.

Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.

Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

Popular

5 Stocks to Buy Trading at Big Discounts

Plus, what recent bond market volatility means for investors.
David Sekera, CFA and Sarah Hansen

2 Undervalued Stocks to Buy With Long-Term Growth Ahead

Defense spending and booming data center demand could provide powerful tailwinds for these 4-star stocks.
David Sekera, CFA, Sarah Hansen, and Jess Bebel

What 7 Key Market Indicators Are Telling Investors Right Now

US equity valuations have retreated from their recent highs, but all 7 major market indicators remain above their long-term averages.
Amy C. Arnott, CFA

Don’t Overlook the Income Side of Fixed Income

Amid bond market tumult, elevated yields are contributing to returns and offering investors a nice income stream.
Dan Lefkovitz

The Market May Be Too Pessimistic About This 4-Star Dividend Stock

Despite a looming patent cliff, a strong drug pipeline and 4.1% yield give investors reasons for optimism.
Karen Andersen, CFA

Sponsor Center