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

Rhea-AI Summary

Huntington Bancshares (Nasdaq: HBAN) has announced its quarterly dividend declarations. The Board of Directors maintained the common stock dividend at $0.155 per share, payable April 1, 2025, to shareholders of record on March 18, 2025.

The company also declared quarterly dividends on five series of preferred stock, all payable April 15, 2025, to shareholders of record on April 1, 2025:

• Floating Rate Series B: $18.16 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

• Maintained stable quarterly dividend of $0.155 per common share
• Consistent dividend payments across all preferred stock series

Negative

• No dividend increase for common shareholders

COLUMBUS, Ohio, Jan. 17, 2025 /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 April 1, 2025, to shareholders of record on March 18, 2025.

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 $18.15897183 per share (equivalent to $0.453974296 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 April 15, 2025, to their respective shareholders of record on April 1, 2025.

About Huntington
Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $204 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 978 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

What is Huntington Bancshares' (HBAN) current quarterly dividend per share?

Huntington Bancshares' quarterly dividend is $0.155 per common share, payable April 1, 2025.

When is HBAN's next dividend record date?

The record date for HBAN's next common stock dividend is March 18, 2025.

What is the payment date for HBAN's preferred stock dividends?

All preferred stock dividends are payable on April 15, 2025.

How many preferred stock series does HBAN currently pay dividends on?

HBAN pays dividends on five different series of preferred stock: Series B, F, G, H, and J.

Has HBAN changed its common stock dividend compared to the previous quarter?

No, the common stock dividend remained unchanged at $0.155 per share from the prior quarter.