8-K: WaFd, Inc. Declares Preferred Stock Dividend

WaFd, Inc. announced its Board of Directors has declared a cash dividend for its Series A Non-Cumulative Perpetual Preferred Stock, payable in October.

Summary

• WaFd, Inc. (WaFd) announced on August 11, 2026, that its Board of Directors has declared a cash dividend for its 4.875% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock.
• The dividend amount is $12.1875 per share of Series A Preferred Stock.
• This translates to $0.30468750 per depositary share, as each depositary share represents a 1/40th interest in a share of Series A Preferred Stock.
• The Series A Preferred Stock is traded on the NASDAQ under the symbol 'WAFDP'.
• The dividend is scheduled to be paid on October 15, 2026.
• Shareholders of record as of September 30, 2026, will be entitled to receive this dividend.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive announcement, primarily focused on a routine dividend declaration for preferred stock, with no significant new financial performance data or strategic shifts.

Positives

• Consistent dividend payment for preferred shareholders, indicating financial stability.
• Clear declaration of dividend amount and payment dates for preferred stock.

Negatives

• No new financial performance data or strategic updates are provided in this filing.

Risks

• Forward-looking statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially.
• Specific risk factors are detailed in the Company's Annual Report on Form 10-K for the year ended September 30, 2025, and other SEC filings.

Future Outlook

The filing contains forward-looking statements based on management's current assumptions, which are subject to risks and uncertainties that could materially affect future results. The company undertakes no obligation to update these statements.

Industry Context

StockSavvy.ai notes that dividend declarations for preferred stock are a common and expected event for financial institutions like WaFd, Inc., reflecting ongoing capital management and shareholder return policies.

Stakeholder Impact

• Preferred shareholders will receive a cash dividend, providing a return on their investment.
• Common stockholders are not directly impacted by this preferred stock dividend declaration.

Next Steps

• Payment of the declared cash dividend on October 15, 2026, to eligible shareholders.

Key Dates

Keywords

preferred stock dividend, cash dividend, dividend payment, Series A Preferred Stock, depositary shares, WAFDP