Carter Bankshares, Inc. (NASDAQ: CARE) announced on October 29, 2026, that its Board of Directors has approved a quarterly cash dividend of $0.10 per share. The declaration was made on October 28, 2026.

The dividend is scheduled to be paid on November 23, 2026, to shareholders of record as of November 9, 2026. Based on the closing stock price of $30.22 on October 28, 2026, the company reports an annualized dividend yield of 1.32%.

Headquartered in Martinsville, Virginia, Carter Bankshares, Inc. operates through its subsidiary, Carter Bank. As of September 30, 2026, the company reported total assets of $4.7 billion and maintained a network of 63 branches across Virginia and North Carolina.