RTTNews | Jan 27, 2021 07:23AM EST

07:23 Wednesday, January 27, 2021 (RTTNews.com) - While reporting its financial results for the fourth quarter on Wednesday, New York Community Bancorp, Inc. (NYCB) said its board of directors declared a quarterly cash dividend of $0.17 per share on the company's common stock.

Based on a closing price of $10.96 as of January 26, 2021, this represents an annualized dividend yield of 6.2 percent. The dividend is payable on February 16, 2021 to common shareholders of record as of February 6, 2021.

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