Dividend Flows Change: $0.17 dividends are within arm’s reach for New York Community Bancorp, Inc. (NYSE:NYCB) shareholders.

Dividend Flows Change: $0.17 dividends are within arm's reach for New York Community Bancorp, Inc. (NYSE:NYCB) shareholders.

New York Community Bancorp, Inc. (NYSE:NYCB) is expected to pay $0.17 on Nov 18, 2016. The indicated annual dividend is $0.68. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on New York Community Bancorp, Inc.’s current price of $14.20, the dividend is 1.20%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 26, 2016. The stock closed at $14.2 during the last session. It is down 10.69% since March 31, 2016 and is downtrending. It has underperformed by 13.22% the S&P500.

New York Community Bancorp, Inc. is a multi-bank holding company. The company has a market cap of $6.84 billion. The Company’s activities are divided into two divisions: Banking Operations and Residential Mortgage Banking. It currently has negative earnings. The Banking Operations segment serves clients and businesses by offering and servicing a range of loan and deposit products and other financial services.

Insitutional Activity: The institutional sentiment decreased to 1.08 in Q2 2016. Its down 0.03, from 1.11 in 2016Q1. The ratio worsened, as 41 funds sold all New York Community Bancorp, Inc. shares owned while 119 reduced positions. 36 funds bought stakes while 137 increased positions. They now own 294.08 million shares or 10.42% more from 266.32 million shares in 2016Q1.
Ibm Retirement Fund owns 47,956 shares or 0.03% of their US portfolio. Moreover, Hennessy Advsrs has 0.03% invested in New York Community Bancorp, Inc. (NYSE:NYCB) for 70,000 shares. Moreover, Axa has 0% invested in New York Community Bancorp, Inc. (NYSE:NYCB) for 20,700 shares. Advisory Serv Network Ltd Llc last reported 7,621 shares in the company. Moreover, Atlanta Grp has 0.1% invested in New York Community Bancorp, Inc. (NYSE:NYCB) for 31,097 shares. Retirement System Of Alabama has 628,229 shares for 0.06% of their US portfolio. Credit Agricole S A, a France-based fund reported 2.75M shares. Aqr Mgmt Ltd Liability Corporation has invested 0.01% of its portfolio in New York Community Bancorp, Inc. (NYSE:NYCB). Commonwealth Bancorp Of Aus accumulated 0.01% or 66,933 shares. Cadence Cap reported 60,087 shares or 0.07% of all its holdings. Parallax Volatility Advisers Limited Partnership accumulated 0% or 1,630 shares. Ipswich Investment Mngmt owns 11,650 shares or 0.09% of their US portfolio. Research Invsts accumulated 3.42 million shares or 0.02% of the stock. Moreover, Hsbc Hldg Public Limited Company has 0.01% invested in New York Community Bancorp, Inc. (NYSE:NYCB) for 138,590 shares. Bokf Na last reported 60,726 shares in the company.

Insider Transactions: Since May 4, 2016, the stock had 1 insider buy, and 0 selling transactions for $144,270 net activity. Another trade for 9,350 shares valued at $144,270 was bought by CIAMPA DOMINICK.

New York Community Bancorp, Inc. (NYSE:NYCB) Ratings Coverage

Out of 9 analysts covering New York Community Bancorp Inc. (NYSE:NYCB), 5 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 56% are positive. New York Community Bancorp Inc. has been the topic of 12 analyst reports since August 20, 2015 according to StockzIntelligence Inc. The stock of New York Community Bancorp, Inc. (NYSE:NYCB) has “Buy” rating given on Monday, November 30 by Bank of America. The rating was upgraded by FBR Capital to “Mkt Perform” on Tuesday, January 19. The rating was upgraded by Standpoint Research on Friday, October 30 to “Buy”. Sterne Agee CRT initiated New York Community Bancorp, Inc. (NYSE:NYCB) on Thursday, August 20 with “Neutral” rating. As per Monday, November 2, the company rating was upgraded by Sandler O’Neill. The stock of New York Community Bancorp, Inc. (NYSE:NYCB) earned “Neutral” rating by Wedbush on Friday, October 7. The stock of New York Community Bancorp, Inc. (NYSE:NYCB) earned “Underperform” rating by FBR Capital on Friday, October 30. The stock has “Outperform” rating given by Raymond James on Friday, October 30. The firm has “Buy” rating by Sterne Agee CRT given on Tuesday, January 5. The firm has “Mkt Perform” rating by Keefe Bruyette & Woods given on Friday, October 30.

More recent New York Community Bancorp, Inc. (NYSE:NYCB) news were published by: Reuters.com which released: “BRIEF-New york community bancorp, inc. reports 3Q 2016” on October 26, 2016. Also Nasdaq.com published the news titled: “Ex-Dividend Reminder: Synchrony Financial, First Commonwealth Financial and …” on November 01, 2016. Businesswire.com‘s news article titled: “New York Community Bancorp, Inc. Discloses Its 2016 Dodd-Frank Act Company-Run …” with publication date: October 27, 2016 was also an interesting one.

NYCB Company Profile

New York Community Bancorp, Inc., incorporated on July 16, 1993, is a multi-bank holding company. The Firm operates through its subsidiaries, New York Community Bank (the Community Bank) and New York Commercial Bank (the Commercial Bank) (collectively, the Banks). The Company’s activities are divided into two divisions: Banking Operations and Residential Mortgage Banking. The Banking Operations segment serves clients and businesses by offering and servicing a range of loan and deposit products and other financial services. The Residential Mortgage Banking segment originates, aggregates, sells and services one- to four-family mortgage loans. Mortgage loan products consist of agency-conforming fixed- and adjustable-rate loans and, to a lesser extent, jumbo loans, for the purpose of purchasing or refinancing one- to four-family homes. The Community Bank is a chartered savings bank with approximately 230 branches that operates through over seven local divisions. The Community Bank is a producer of multi-family loans in New York City. The Commercial Bank is a chartered commercial bank with approximately 30 branches in Manhattan, Queens, Brooklyn, Westchester County and Long Island, including approximately 20 that operate under the name, Atlantic Bank. The Commercial Bank offers around the clock banking online, mobile banking and banking by phone. The Firm also serves its clients through approximately three connected Websites: www.myNYCB.com, www.NewYorkCommercialBank.com and www.NYCBfamily.com.

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