Regions Financial Corporation Declares Quarterly Common and Preferred Stock Dividends

Rhea-AI Summary

The Regions Financial Corporation (NYSE:RF) Board of Directors has declared cash dividends for its common and preferred shares. Common shareholders will receive a dividend of $0.155 per share, payable on April 1, 2021. Preferred shareholders will receive $15.9375 per share for both Series A and Series B, with payments scheduled for March 15, 2021. Series D shareholders will receive $1,437.50 per share, also payable on March 15, 2021. These dividends reflect the company’s commitment to returning capital to shareholders.

Positive

• Consistent dividend payments demonstrate financial stability.
• Dividend amounts indicate a commitment to shareholder returns.

Negative

• None.

The Regions Financial Corporation (NYSE:RF) Board of Directors today declared the following cash dividends on its common shares, Series A preferred shares, Series B preferred shares and Series D preferred shares:

• A cash dividend of $0.155 on each share of outstanding common stock of the Company, payable on April 1, 2021, to stockholders of record at the close of business on March 5, 2021.
• A cash dividend of $15.9375 per share of Series A Preferred Stock (equivalent to approximately $0.398438 per depositary share), payable on March 15, 2021, to stockholders of record at the close of business on March 1, 2021.
• A cash dividend of $15.9375 per share of Series B Preferred Stock (equivalent to approximately $0.398438 per depositary share), payable on March 15, 2021, to stockholders of record at the close of business on March 1, 2021.
• A cash dividend of $1,437.50 per share of Series D Preferred Stock (equivalent to approximately $14.375 per depositary share), payable on March 15, 2021, to stockholders of record at the close of business on March 1, 2021.

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $147 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,400 banking offices and 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210203005921/en/

FAQ

What is the dividend amount for Regions Financial common stock?

Regions Financial will pay a dividend of $0.155 per share on April 1, 2021.

When will Regions Financial pay dividends on preferred shares?

Dividends for Series A and Series B preferred shares will be paid on March 15, 2021.

How much is the dividend for Series D preferred shares?

The dividend for Series D preferred shares is $1,437.50, payable on March 15, 2021.

What is the record date for common stock dividends from Regions Financial?

The record date for the common stock dividend is March 5, 2021.