Carter Bankshares's latest dividend of $0.1 per share was on Aug 10, 2026 (ex-date). The annualized dividend distribution of $0.2 per share represents a current dividend yield of 0.63%.
Carter Bankshares's dividend yield of 0.63% is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.38%, Carter Bankshares's dividend yield is 74% lower.
Our records of CARE show that the company has distributed two dividends in the past year.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 10, 2026 | $0.1 | 0.63% |
| May 11, 2026 | $0.1 | 0.38% |
| Feb 14, 2020 | $0.14 | 0.71% |
| Jul 13, 2016 | $0.1 | 3.16% |
| Apr 21, 2016 | $0.1 | 3.09% |
| Jan 13, 2016 | $0.1 | 2.96% |
| Oct 13, 2015 | $0.1 | 3.2% |
| Jul 15, 2015 | $0.1 | 2.4% |
| Apr 13, 2015 | $0.1 | 2.31% |
| Jan 14, 2015 | $0.1 | 2.43% |
Carter Bankshares's payout ratio of 3.4% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 32.2%, Carter Bankshares's payout ratio is 89% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BBT Beacon Financial Corp. | 4.1% | $1.29 | 68.6% |
| WSBC Wesbanco Inc | 3.66% | $1.51 | 43.4% |
| UBSI United Bankshares Inc | 3.17% | $1.51 | 41% |
| FULT Fulton Financial Corp | 3.14% | $0.75 | 35.7% |
| FFBC First Financial Bancorp | 3.08% | $1.01 | 35.3% |
| CAC Camden National Corp | 2.92% | $1.68 | 32.1% |
| HOMB Home Bancshares Inc | 2.87% | $0.86 | 35.5% |
| SBCF Seacoast Banking Corp Of Florida | 2.18% | $0.75 | 48.1% |
| TRMK Trustmark Corp | 2.15% | $0.99 | 25.1% |
| IBOC International Bancshares Corp | 2.04% | $1.46 | 22% |
| CARE Carter Bankshares Inc | 0.63% | $0.2 | 3.4% |
Carter Bankshares has issued two dividends in the last twelve months.
Carter Bankshares's last regular dividend was on Aug 10, 2026 (ex-date) with the amount of $0.1 per share.
On an annual basis CARE pays $0.2 per share.
The current dividend yield of Carter Bankshares is 0.63%.
Carter Bankshares's dividend payout ratio is 3.4%.
Carter Bankshares's dividend yield is less than the Financial Services sector average.
Special dividends are included in TTM DPS and yield.