Regions Financial Corporation Declares Quarterly Common and Preferred Stock Dividends

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Regions Financial (NYSE:RF) declares quarterly dividends on common and preferred stock. Common stock dividend of $0.24 per share payable on July 1, 2024. Series B preferred stock dividend of $15.9375 per share payable on June 17, 2024. Series C preferred stock dividend of $14.25 per share payable on May 15, 2024. Series D preferred stock dividend of $1,437.50 per share payable on June 17, 2024. Series E preferred stock dividend of $11.125 per share payable on June 17, 2024.

Dividends on common stock to be payable July 1; dividends on preferred stock to be payable in May and June.

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- The Regions Financial Corporation (NYSE:RF) Board of Directors today declared the following cash dividends on its common shares, Series B preferred shares, Series C preferred shares, Series D preferred shares and Series E preferred shares:

• A cash dividend of $0.24 on each share of outstanding common stock of the Company, payable on July 1, 2024, to stockholders of record at the close of business on June 3, 2024.

• A cash dividend of $15.9375 per share of Series B Preferred Stock (equivalent to approximately $0.398438 per depositary share), payable on June 17, 2024, to stockholders of record at the close of business on June 3, 2024.

• A cash dividend of $14.25 per share of Series C Preferred Stock (equivalent to approximately $0.35625 per depositary share), payable on May 15, 2024, to stockholders of record at the close of business on May 1, 2024.

• A cash dividend of $1,437.50 per share of Series D Preferred Stock (equivalent to approximately $14.375 per depositary share), payable on June 17, 2024, to stockholders of record at the close of business on June 3, 2024.

• A cash dividend of $11.125 per share of Series E Preferred Stock (equivalent to approximately $0.278125 per depositary share), payable on June 17, 2024, to stockholders of record at the close of business on June 3, 2024.

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $152 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 1,250 banking offices and more than 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/20240417689182/en/

Media Contact:

Jeremy D. King

(205) 264-4551

Investor Relations Contact:

Dana Nolan

(205) 264-7040

Source: Regions Financial Corporation

FAQ

When will the common stock dividend be payable for Regions Financial (NYSE:RF)?

The common stock dividend of $0.24 per share will be payable on July 1, 2024.

What is the dividend amount for Series B preferred stock for Regions Financial (NYSE:RF)?

The dividend amount for Series B preferred stock is $15.9375 per share, payable on June 17, 2024.

When will the dividend for Series C preferred stock be paid for Regions Financial (NYSE:RF)?

The dividend for Series C preferred stock will be paid on May 15, 2024, at a rate of $14.25 per share.

What is the dividend amount for Series D preferred stock for Regions Financial (NYSE:RF)?

The dividend amount for Series D preferred stock is $1,437.50 per share, payable on June 17, 2024.

When is the dividend payment date for Series E preferred stock for Regions Financial (NYSE:RF)?

The dividend payment date for Series E preferred stock is June 17, 2024, with a dividend amount of $11.125 per share.