Material Event - Form 8-K

Item 8.01Other Events.

On April 23, 2024, the Board of Directors of Tectonic Financial, Inc. (the "Company") declared a quarterly cash dividend of $0.225 per share on the Company's outstanding shares of 9.00% Fixed-to-Floating Rate Series B Noncumulative Perpetual Preferred Stock. The dividend is payable on May 15, 2024 to shareholders of record as of the close of business on May 3, 2024.

On April 23, 2024, the Board of Directors of the Company declared a cash dividend of $0.10 per share on the Company's outstanding shares of common stock. The dividend is payable on May 15, 2024 to shareholders of record as of the close of business on May 3, 2024.