secwatch.observer — SEC 8-K summary
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Issuer:     Carter Bankshares, Inc. (CARE)
CIK:        0001829576
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001829576-26-000037
Event type: dividend
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carter Bankshares reinstates quarterly dividend at $0.10/share, first in nearly 10 years
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- Quarterly cash dividend of $0.10 per share declared, payable May 25, 2026 to holders of record May 11, 2026.
- Dividend yield of 1.64% based on closing price of $24.44 on April 21, 2026.
- CEO Litz H. Van Dyke says dividend reflects improved financial metrics and strong Q1 2026 performance.
- This marks the first quarterly cash dividend for the Company in nearly a decade.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829576/000182957626000037/0001829576-26-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829576/000182957626000037/care-20260422.htm
  HTML page:      https://secwatch.observer/filing/0001829576-26-000037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer