Regions Financial Corporation Declares Series C Preferred Stock Dividend

Rhea-AI Summary

The Board of Directors of Regions Financial Corporation (NYSE:RF) announced a cash dividend of $14.25 per share of Series C Preferred Stock.
This dividend is equivalent to approximately $0.35625 per depositary share and is payable on Feb. 15, 2023, to stockholders of record as of Feb. 1, 2023.
Regions Financial has $158 billion in assets and is a prominent provider of banking, wealth management, and mortgage services, operating approximately 1,300 banking offices nationwide.

Positive

• Declared a cash dividend of $14.25 per Series C Preferred Share.
• Dividend payment reflects strong company confidence.
• Regions Financial has $158 billion in assets, indicating stability.

Negative

• None.

Dividend to be payable on Feb. 15, 2023.

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- The Regions Financial Corporation (NYSE:RF) Board of Directors today declared a cash dividend of $14.25 per share of Series C Preferred Stock outstanding (equivalent to approximately $0.35625 per depositary share), payable on Feb. 15, 2023, to stockholders of record at the close of business on Feb. 1, 2023.

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $158 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 1,300 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/20230113005427/en/

Media Contact:

Jeremy D. King

(205) 264-4551

Investor Relations Contact:

Dana Nolan

(205) 264-7040

Source: Regions Financial Corporation

FAQ

What is the dividend amount for Regions Financial Corporation in 2023?

Regions Financial Corporation declared a cash dividend of $14.25 per share of Series C Preferred Stock.

When is the dividend payable for Regions Financial (RF)?

The dividend is payable on February 15, 2023.

What is the record date for the dividend payment of Regions Financial Corporation?

The record date for the dividend payment is February 1, 2023.

How much is the dividend per depositary share for Regions Financial Corporation?

The dividend is approximately $0.35625 per depositary share.