Huntington Bancshares Incorporated Declares Quarterly Cash Dividends On Its Common and Preferred Stocks

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Huntington Bancshares declares quarterly cash dividend on common stock and preferred stock.

Positive

• Huntington Bancshares has declared a quarterly cash dividend on its common stock of $0.155 per share.
• The common stock cash dividend is payable on January 2, 2024, to shareholders of record on December 18, 2023.
• Huntington Bancshares has also declared quarterly cash dividends on six series of its preferred stock.
• The preferred stock cash dividends range from $0.28125 to $21.8129 per share.
• All six preferred stock cash dividends are payable on January 16, 2024, to their respective shareholders of record on January 1, 2024.

Negative

• None.

COLUMBUS, Ohio, Oct. 20, 2023 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared a quarterly cash dividend on the company's common stock (Nasdaq: HBAN) of $0.155 per common share, unchanged from the prior quarter. The common stock cash dividend is payable January 2, 2024, to shareholders of record on December 18, 2023.

In addition, the Board declared quarterly cash dividends on six series of its preferred stock:

• A quarterly cash dividend on its Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150500) of $20.88869718 per share (equivalent to $0.5222174 per depositary receipt share).
    
• A quarterly cash dividend on its 5.70% Series E Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AL8) of $2,181.29 per share (equivalent to $21.8129 per depositary receipt share).
    
• A quarterly cash dividend on its 5.625% Series F Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AT1) of $1,406.25 per share (equivalent to $14.0625 per depositary share).
    
• A quarterly cash dividend on its 4.450% Series G Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AV6) of $1,112.50 per share (equivalent to $11.1250 per depositary share).
    
• A quarterly cash dividend on its 4.5% Series H Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANP) of $11.25 per share (equivalent to $0.28125 per depositary share).
    
• A quarterly cash dividend on its 6.875% Series J Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANL) of $17.19 per share (equivalent to $0.42975 per depositary share). 

All six preferred stock cash dividends are payable January 16, 2024, to their respective shareholders of record on January 1, 2024.

About Huntington
Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $187 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 more than 1,000 branches in 11 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.

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SOURCE Huntington Bancshares Incorporated

FAQ

What is the quarterly cash dividend declared on Huntington Bancshares' common stock?

The quarterly cash dividend declared on Huntington Bancshares' common stock is $0.155 per share.

When will the common stock cash dividend be payable?

The common stock cash dividend will be payable on January 2, 2024.

When is the record date for the common stock cash dividend?

The record date for the common stock cash dividend is December 18, 2023.

What is the range of the quarterly cash dividends declared on Huntington Bancshares' preferred stock?

The quarterly cash dividends declared on Huntington Bancshares' preferred stock range from $0.28125 to $21.8129 per share.

When will the preferred stock cash dividends be payable?

The preferred stock cash dividends will be payable on January 16, 2024.

What is the record date for the preferred stock cash dividends?

The record date for the preferred stock cash dividends is January 1, 2024.