© Reuters. FILE PHOTO: A screen displays the trading information for New York Community Bancorp on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024. REUTERS/Brendan McDermid/File Photo
(Reuters) -New York Community Bancorp (NASDAQ:) kept the quarterly dividend for its preferred stock unchanged on Monday, days after it slashed the payout for common shares by 70%.
The bank said it would pay dividend of $15.94 per preferred share, same as its prior quarters.
A surprise fourth-quarter loss and the dividend cut for common shares had weighed on lender’s stock last week.