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

Rhea-AI Summary

Huntington Bancshares Incorporated has announced its quarterly cash dividends for common and preferred stocks. The Board of Directors declared a $0.155 per share dividend on common stock (Nasdaq: HBAN), payable on January 2, 2025, to shareholders of record on December 18, 2024. This amount remains unchanged from the previous quarter.

Additionally, the company declared dividends on five series of preferred stocks, all payable on January 15, 2025, to shareholders of record on January 1, 2025:

• Floating Rate Series B: $19.02227465 per share
• 5.625% Series F: $1,406.25 per share
• 4.450% Series G: $1,112.50 per share
• 4.5% Series H: $11.25 per share
• 6.875% Series J: $17.19 per share

Positive

• Consistent quarterly dividend of $0.155 per common share maintained
• Dividends declared on five series of preferred stocks, indicating financial stability

Negative

• None.

COLUMBUS, Ohio, Oct. 17, 2024 /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, 2025, to shareholders of record on December 18, 2024.

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

• A quarterly cash dividend on its Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150500) of $19.02227465 per share (equivalent to $0.4755569 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 five preferred stock cash dividends are payable January 15, 2025, to their respective shareholders of record on January 1, 2025.

About Huntington
Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $201 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 975 branches in 12 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.

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SOURCE Huntington Bancshares Incorporated

FAQ

When is Huntington Bancshares (HBAN) paying its next common stock dividend?

Huntington Bancshares (HBAN) will pay its next common stock dividend on January 2, 2025, to shareholders of record on December 18, 2024.

What is the amount of Huntington Bancshares' (HBAN) quarterly common stock dividend?

Huntington Bancshares' (HBAN) quarterly common stock dividend is $0.155 per share, unchanged from the previous quarter.

When will Huntington Bancshares (HBAN) pay its preferred stock dividends?

Huntington Bancshares (HBAN) will pay its preferred stock dividends on January 15, 2025, to shareholders of record on January 1, 2025.

How many series of preferred stocks did Huntington Bancshares (HBAN) declare dividends for?

Huntington Bancshares (HBAN) declared dividends for five series of preferred stocks: Floating Rate Series B, Series F, Series G, Series H, and Series J.