Huntington Bancshares Declares Quarterly Cash Dividends
Huntington Bancshares Incorporated has made headlines recently as the Board of Directors declared a quarterly cash dividend for its common stock, marked at $0.155 per common share. This amount remains unchanged from the previous quarter, showcasing the company’s steady commitment to delivering value to its shareholders.
Details on Common Stock Dividends
The decision to maintain the cash dividend on common stocks indicates Huntington’s ongoing resilience and stability in the financial market. Shareholders should note that this dividend is set to be payable on October 1, to all individuals holding shares as of September 17. This consistent return suggests strong operational performance and a robust financial outlook for the bank.
Preferred Stock Dividends Announced
Moreover, the Board has also declared quarterly cash dividends across five different series of preferred stocks. The details for these dividends are as follows:
Floating Rate Series B Non-Cumulative Perpetual Preferred Stock
This series will see a cash dividend of $18.19790141 per share, which is equivalent to $0.454947500 per depositary receipt share. Such a rate indicates the competitive nature of this specific financial product in today's market.
5.625% Series F Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock
For the preferred stock series, a dividend of $1,406.25 per share has been established, translating to $14.0625 for each depositary share. This reflects a solid investment opportunity for shareholders seeking consistent income.
4.450% Series G Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock
This series' dividend is set at $1,112.50 per share, or $11.1250 per depositary share. The bank's continued operation in this segment showcases its strategic financial planning.
4.5% Series H Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock
For those invested in this series, the declared dividend stands at $11.25 per share, equivalent to $0.28125 per depositary share. Such returns highlight Huntington’s robust capital management.
6.875% Series J Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock
This preferred stock will distribute a cash dividend of $17.19 per share, which converts to $0.42975 per depositary share. This demonstrates Huntington’s reliability in providing returns across various investor profiles.
All five preferred stock dividends will be payable on October 15, 2025, to shareholders of record by October 1, 2025. This timing allows ample opportunity for investors to prepare for these returns.
About Huntington Bancshares Incorporated
Huntington Bancshares Incorporated, operating under the Nasdaq ticker HBAN, stands as a strong regional bank holding company with assets totaling $208 billion. Founded in 1866, Huntington National Bank and its affiliates serve a vast clientele, including consumers, businesses, and municipalities. The bank operates 971 branches across various states, illustrating its extensive geographic reach and commitment to excellence in banking, payments, and wealth management services. For more information, you can visit Huntington.com.
Frequently Asked Questions
What is the announced dividend for common stock?
The declared dividend for common stock is $0.155 per share.
When will the dividends for preferred stocks be paid?
The preferred stock dividends are scheduled to be paid on October 15, 2025.
What is Huntington Bancshares Incorporated's primary focus?
Huntington Bancshares focuses on providing comprehensive banking services and financial products to various sectors, including retail and business clients.
How long has Huntington Bancshares been in operation?
The company was founded in 1866, making it over 150 years old.
Where can I find more information about Huntington Bancshares?
For further details, you can visit Huntington's official website at Huntington.com.
