Metropolitan Bank Holding Raises Quarterly Dividend to $0.40 Per Share
Metropolitan Bank Holding Corp. (NYSE:MCB) declared an increase to its quarterly cash dividend, raising the payout to $0.40 per share on common stock. The new distribution represents a $0.05 increase over the previous quarterly dividend of $0.35 per share.
The quarterly dividend will be payable on November 10, 2026. Stockholders who are registered on the company's books at the close of business on October 30, 2026, will be eligible to receive the payment.
The dividend boost comes as Metropolitan Bank Holding Corp. continues operating its commercial banking operations across New York, Long Island, New Jersey, and South Florida. Shares of the company closed at $86.53, down 0.81% for the day.
Key points
- Metropolitan Bank Holding Corp. (NYSE:MCB) increased its quarterly dividend to $0.40 per share.
- The dividend is $0.05 higher than the previous quarterly payout of $0.35 per share.
- The payment date is set for November 10, 2026.
- Shareholders of record as of October 30, 2026, will receive the payout.
- Shares of MCB were trading at $86.53, down 0.81% today.
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What is the new dividend for Metropolitan Bank Holding Corp.?
Metropolitan Bank Holding Corp. increased its quarterly cash dividend to $0.40 per share, up $0.05 from its previous payout of $0.35 per share.
When is the payout date for the MCB dividend?
The dividend will be paid on November 10, 2026, to stockholders of record as of the close of business on October 30, 2026.
What is the stock ticker for Metropolitan Bank Holding Corp.?
Metropolitan Bank Holding Corp. trades on the New York Stock Exchange under the ticker symbol MCB.