FHLBNY declares 8.00% dividend for Q1 2025, payable on May 16.

The Federal Home Loan Bank of New York has declared an 8.00% dividend for the first quarter of 2025. The dividend proceeds will be distributed to member financial institutions on May 16, 2025. The FHLBNY considers various factors in determining the quarterly dividend, including performance, strategic initiatives, retained earnings levels, and the operating environment. The bank delivered solid results for members during the first quarter while continuing to support local economic growth.

The Federal Home Loan Bank of New York (FHLBNY) has announced an 8.00% dividend for the first quarter of 2025. The dividend proceeds will be distributed to member financial institutions on May 16, 2025 [1]. This announcement follows the bank's solid performance during the quarter, as it continues to support local economic growth.

The FHLBNY considers various factors in determining the quarterly dividend, including performance, strategic initiatives, retained earnings levels, and the operating environment [1]. Despite the challenging economic conditions, the bank has managed to deliver strong results for its members, reflecting its resilience and commitment to supporting the local economy.

The 8.00% dividend rate is a significant increase compared to previous quarters and underscores the bank's financial stability and strong earnings. The dividend will be distributed to member financial institutions, providing them with additional capital to support their lending activities and contribute to economic growth.

The FHLBNY's solid performance during the first quarter of 2025 is a testament to its effective management and strategic initiatives. The bank's ability to maintain a high dividend rate despite challenging economic conditions is a positive indicator for investors and financial professionals.

References:
[1] https://www.nasdaq.com/articles/sfl-corporation-ltd-announces-preliminary-q1-2025-results-and-027-cash-dividend-share