Regions Financial Corporation Declares Series F Preferred Stock Dividend

Rhea-AI Summary

Regions Financial (NYSE:RF) has announced a cash dividend for its newly-issued Series F Preferred Stock. The dividend amount is set at $8.8806 per share, which is equivalent to approximately $0.222014 per depositary share. This dividend will be payable on Sept. 16, 2024, to stockholders of record as of the close of business on Sept. 3, 2024. The declaration was made by the company's Board of Directors, demonstrating Regions Financial's commitment to providing returns to its preferred stockholders.

Positive

• Declaration of dividend for Series F Preferred Stock
• Dividend amount of $8.8806 per share ($0.222014 per depositary share)

Negative

• None.

Dividend to be payable on Sept. 16, 2024.

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- The Regions Financial Corporation (NYSE:RF) Board of Directors has declared a cash dividend of $8.8806 per share of its newly-issued Series F Preferred Stock outstanding (equivalent to approximately $0.222014 per depositary share), payable on Sept. 16, 2024, to stockholders of record at the close of business on Sept. 3, 2024.

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $154 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/20240806900960/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's Series F Preferred Stock?

Regions Financial (RF) declared a cash dividend of $8.8806 per share for its Series F Preferred Stock, equivalent to approximately $0.222014 per depositary share.

When will Regions Financial (RF) pay the Series F Preferred Stock dividend?

The Series F Preferred Stock dividend will be payable on September 16, 2024.

What is the record date for Regions Financial's Series F Preferred Stock dividend?

The record date for Regions Financial's (RF) Series F Preferred Stock dividend is September 3, 2024, at the close of business.

How often does Regions Financial (RF) pay dividends on its Series F Preferred Stock?

The press release does not specify the frequency of dividend payments for the Series F Preferred Stock. Investors should refer to the stock's prospectus or contact Regions Financial for more information on the dividend schedule.