Huntington Bancshares Incorporated Declares Cash Dividend On Its Series I Preferred Stock

Rhea-AI Summary

Huntington Bancshares Incorporated declares quarterly cash dividend on Series I Non-Cumulative Perpetual Preferred Stock.

COLUMBUS, Ohio, March 28, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared and set aside a quarterly cash dividend on the company's 5.70% Series I Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANM) of $356.25 per share (equivalent to $0.35625 per depositary share) payable June 3, 2024, to shareholders of record on May 15, 2024.

About Huntington
Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $189 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates approximately 1,000 branches in 11 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/huntington-bancshares-incorporated-declares-cash-dividend-on-its-series-i-preferred-stock-302103014.html

SOURCE Huntington Bancshares Incorporated

FAQ

What type of stock is Huntington Bancshares Incorporated declaring a dividend on?

Huntington Bancshares Incorporated is declaring a dividend on its 5.70% Series I Non-Cumulative Perpetual Preferred Stock.

What is the amount of the quarterly cash dividend declared?

The quarterly cash dividend declared is $356.25 per share (equivalent to $0.35625 per depositary share).

When will the dividend be payable to shareholders?

The dividend will be payable on June 3, 2024.

When is the record date for shareholders to receive the dividend?

The record date for shareholders to receive the dividend is May 15, 2024.