Huntington Bancshares Increases Quarterly Cash Dividends
Huntington Bancshares Declares Quarterly Cash Dividends
Huntington Bancshares Incorporated is pleased to announce a significant decision by the Board of Directors regarding cash dividends for their common stock. The company has declared a quarterly cash dividend of $0.155 per common share, the same as the previous quarter, reflecting its steady financial performance and commitment to providing value to its shareholders.
Details of Common Stock Dividends
This cash dividend is scheduled for payment to shareholders of record, and the company remains consistent in its approach to rewarding its investors. Such a consistent dividend illustrates Huntington's strong market position and operational stability, key indicators of the company’s robust strategy moving forward.
Quarterly Dividends on Preferred Stock
In addition to common stock dividends, the Board has also declared quarterly cash dividends for five series of preferred stock. These dividends are essential for preferred shareholders and showcase a broader commitment to enhancing shareholder value across all classes of stock. Each series has its unique payment structure and timing.
Preferred Stock Dividend Breakdown
- A quarterly cash dividend on the Floating Rate Series B Non-Cumulative Perpetual Preferred Stock of $18.04427465 per share.
- A cash dividend of $1,406.25 on the 5.625% Series F Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock.
- A quarterly cash dividend of $1,112.50 on the 4.450% Series G Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock.
- A cash dividend of $11.25 on the 4.5% Series H Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock.
- A quarterly cash dividend of $17.19 on the 6.875% Series J Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock.
All dividends for these preferred shares will be payable in July, providing shareholders with timely and predictable returns on their investments.
About Huntington Bancshares
Huntington Bancshares Incorporated (Nasdaq: HBAN) is a distinguished regional bank holding company with assets totaling approximately $210 billion. With its headquarters located in Columbus, Ohio, Huntington operates across 13 states and offers a wide range of banking and financial services. Founded in 1866, the bank strives to meet the diverse needs of its clientele, including consumers, businesses, and organizations.
The Huntington National Bank has built a reputation for excellence, underpinned by a robust service offering that includes banking, payments, wealth management, and risk management solutions. The company's presence with 968 branches further solidifies its mission to serve communities effectively.
Frequently Asked Questions
What is the dividend amount declared for common stock?
The Board of Directors declared a quarterly cash dividend of $0.155 per common share.
When will the dividends for preferred stock be paid?
Dividends for preferred stock will be payable on July 15 to shareholders of record on July 1.
How does Huntington Bancshares support its shareholders?
Huntington Bancshares demonstrates its commitment to shareholders through consistent dividend payouts and strategic financial management.
What services does Huntington Bancshares provide?
The bank offers comprehensive banking, payment, wealth management, and risk management services to consumers and businesses.
Where is Huntington Bancshares headquartered?
Huntington Bancshares is headquartered in Columbus, Ohio, and operates branches across 13 states.
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