This company discontinued its dividend after 2020.
Based on TTM and annual data · Not a buy/sell signal
This company does not pay dividends
Last dividend was paid in 2020. The company has not paid dividends in the last 5 years.
Does Carter Bankshares (CARE) pay a dividend?
Carter Bankshares (CARE) stopped paying a dividend after 2020 and pays nothing today. It returns cash through buybacks instead, at roughly a 3.1% buyback yield over the last twelve months. The business does generate free cash flow of $59 million, so the absence of a dividend is a capital-allocation choice rather than an inability to pay. All figures are computed from company filings; this is analysis, not investment advice.
Frequently asked
Does Carter Bankshares (CARE) pay a dividend?+
No. Carter Bankshares (CARE) does not currently pay a dividend. The last payment in our data was in 2020, and nothing has been paid since.
How does Carter Bankshares return cash to shareholders?+
Through share buybacks rather than dividends. Over the last twelve months Carter Bankshares reduced its share count at a rate equivalent to a 3.1% buyback yield. A buyback returns value by shrinking the share count, so each remaining share owns more of the business, but unlike a dividend it pays you nothing in cash and can be stopped at any time without an announcement.
Could Carter Bankshares afford to pay a dividend?+
On the numbers, yes. Carter Bankshares generated $59 million of free cash flow, which is about $2.69 per share. If it paid out half of that, the dividend would be roughly $1.35 per share, a yield of about 4.6% at the current price. That is an illustration of capacity, not a prediction: the company has given no indication it intends to pay one.
Which financials companies do pay dividends?+
Our Financials sector page ranks the companies we cover by dividend score, which combines payout safety, free cash flow coverage and growth record. If income is what you are after, start there rather than with Carter Bankshares.
SourceDividend analysis computed from the 10-Q filed 3 Aug 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 2 Oct 2026. How this is calculated.
Fiscal year ends Dec. Earnings payout = dividends / net income. FCF payout = dividends / FCF. Yield = TTM DPS / price.
Peers
National Commercial Banks · Pick stocks to compare with CARE
Held by ETFs
CARE is in 35 US ETFs. The largest of them, with CARE's weight in each:
Avantis U.S. Small Cap Value ETFAVUV0.05%of the fund
iShares Russell 2000 Growth ETFIWO0.01%of the fund
Dimensional U.S. Targeted Value ETFDFAT0.03%of the fund
Vanguard Financials Index Fund ETF SharesVFH0.01%of the fund
Spot a number that looks wrong? Check it in CARE's SEC filings or
Download this analysis as a PDF (Pro)
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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