RTTNews | Apr 26, 2021 08:00AM EDT

07:59 Monday, April 26, 2021 (RTTNews.com) - While reporting its financial results for the first quarter on Monday, 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 $11.99 as of April 23, 2021, this represents an annualized dividend yield of 5.7 percent. The dividend is payable on May 18, 2021 to common shareholders of record as of May 7, 2021.

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