Quarterly Cash Dividend Announcement
Huntington Bancshares Incorporated has taken a significant step by declaring a cash dividend on its preferred stock. The company's Board of Directors has announced a quarterly cash dividend for the 5.70% Series I Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANM). This dividend is set at $356.25 for each share, which translates to $0.35625 per depositary share.
Dividend Payment Details
This dividend will be payable on March 2, 2026. Shareholders should note that the record date for this payment is February 15, 2026. This action reflects Huntington Bancshares' commitment to returning value to its shareholders while maintaining a strong financial position.
Background on Huntington Bancshares
Huntington Bancshares Incorporated, established in 1866, is a leading regional bank holding company with total assets of approximately $223 billion. The company is headquartered in Columbus, Ohio and has built a solid reputation over more than one hundred fifty years. The Huntington National Bank, along with its affiliates, serves a diverse clientele, including consumers, small to middle-market businesses, corporations, and municipalities.
Comprehensive Banking Services
The bank provides a wide range of offerings, including banking, payments, wealth management, and risk management products and services. It operates more than 1,000 branches across 14 states, enabling it to reach a broad customer base and cater to various financial needs.
Commitment to Shareholders and Community
Huntington Bancshares emphasizes its responsibility to not only meet the needs of its shareholders but also to contribute positively to the communities it serves. The robust service portfolio and ongoing commitment to excellence are cornerstones of Huntington's strategy as it continues to innovate in the banking sector, achieving sustainable growth while ensuring shareholder satisfaction.
Frequently Asked Questions
What is the dividend amount declared by Huntington Bancshares?
The declared dividend amount is $356.25 per share, equating to $0.35625 per depositary share.
When is the dividend payment date?
The dividend payment date is scheduled for March 2, 2026.
Who qualifies for the dividend payment?
Shareholders of record as of February 15, 2026, will qualify for the dividend payment.
What type of banking services does Huntington offer?
Huntington offers a comprehensive range of services including banking, payments, wealth management, and risk management products.
How long has Huntington Bancshares been in operation?
Huntington Bancshares has been operating since 1866, making it over 150 years old and a significant player in the financial services industry.
