Truist declares common and preferred stock dividends
PR Newswire
CHARLOTTE, N.C., April 23, 2024
CHARLOTTE, N.C., April 23, 2024 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation $(TFC)$ declared a regular quarterly cash dividend of $0.52 per common share, payable on June 3, 2024, to shareholders of record at the close of business on May 10, 2024.
The Board also declared regular cash dividends on the following series of preferred stock:
Dividend per
Series of Preferred Dividend per Depositary Record Payment
Stock Share Share Date Date
---------------------- --------------- ------------ ---------- -----------
Series I
Non-Cumulative
Perpetual Preferred
Stock (CUSIP
89832Q810) $1,564.22489(1) $0.39106(1) May 10 June 17
---------------------- --------------- ------------ ---------- -----------
Series J
Non-Cumulative
Perpetual Preferred
Stock (CUSIP
86800XAA6) $1,593.61378(1) $15.93614(1) May 10 (2) June 17
---------------------- --------------- ------------ ---------- -----------
Series L
Non-Cumulative
Perpetual Preferred
Stock (CUSIP
89832QAB5) $2,221.51378(1) $22.21514(1) May 10 June 17
---------------------- --------------- ------------ ---------- -----------
Series M
Non-Cumulative
Perpetual Preferred
Stock (CUSIP
89832QAC3) $2,562.50 $25.625 May 10 June 17 (3)
---------------------- --------------- ------------ ---------- -----------
Series O
Non-Cumulative
Perpetual Preferred
Stock (CUSIP
89832Q745) $328.125 $0.328125 May 10 June 3
---------------------- --------------- ------------ ---------- -----------
Series P Fixed Rate
Reset Non-Cumulative
Perpetual Preferred
Stock (CUSIP
89832QAE9) $618.75 $24.75 May 10 June 3(3)
---------------------- --------------- ------------ ---------- -----------
Series R
Non-Cumulative
Perpetual Preferred
Stock (CUSIP
89832Q695) $296.875 $0.296875 May 10 June 3
---------------------- --------------- ------------ ---------- -----------
Notes:
(1) In the table, dividends per share and dividends per depositary share
for Series I, Series J, and Series L are rounded to the
hundred-thousandths position for the convenience of the reader.
(2) In accordance with the Amended and Restated Declaration of Trust of
SunTrust Preferred Capital I, the record date for the Preferred
Purchase Securities representing fractional interests in shares of
Series J preferred stock will be May 31, 2024.
(3) Dividends per share and dividends per depositary share for Series M
and Series P are declared and paid semiannually.
About Truist
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. As a leading U.S. commercial bank, Truist has leading market share in many of the high-growth markets across the country. Truist offers a wide range of products and services through our wholesale and consumer businesses, including consumer and small business banking, commercial banking, corporate and investment banking, insurance, wealth management, payments, and specialized lending businesses. Headquartered in Charlotte, North Carolina, Truist is a top-10 commercial bank with total assets of $535 billion as of March 31, 2024. Truist Bank, Member FDIC. Learn more at Truist.com.
View original content:https://www.prnewswire.com/news-releases/truist-declares-common-and-preferred-stock-dividends-302125025.html
SOURCE Truist Financial Corporation
/CONTACT: Contacts: Investors: Brad Milsaps, 770-352-5347 | investors@truist.com; Media: Hannah Longmore, 402-613-3499 | media@truist.com
(END) Dow Jones Newswires
April 23, 2024 13:47 ET (17:47 GMT)
Comments