Truist Declares Common and Preferred Stock Dividends
Truist Financial Corporation (NYSE: TFC) announced a quarterly cash dividend of $0.45 per common share, payable on June 1, 2021, to shareholders of record by May 14, 2021. Additionally, dividends were declared for various series of preferred stock, including Series H ($351.5625), Series I ($1,022.22222), Series J ($1,022.22222), Series L ($2,525.00), Series M ($2,562.50), Series O ($328.125), Series P ($618.75), and Series R ($296.875), all payable on June 1 or June 15, 2021, depending on the series.
- Regular quarterly dividend of $0.45 per share reflects strong shareholder returns.
- Total assets of $518 billion as of March 31, 2021, indicating robust financial health.
- None.
CHARLOTTE, N.C., April 27, 2021 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE: TFC) declared a regular quarterly cash dividend of
The Board also declared regular cash dividends on the following series of preferred stock:
Series of Preferred Stock | Dividend per | Dividend per | Record | Payment |
Series H Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q836) | May 14 | June 1 | ||
Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) | May 14 | June 15 | ||
Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6) | May 14(2) | June 15 | ||
Series L Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAB5) | May 14 | June 15(3) | ||
Series M Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAC3) | May 14 | June 15(3) | ||
Series O Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q745) | May 14 | June 1 | ||
Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAE9) | May 14 | June 1(3) | ||
Series R Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q695) | May 14 | June 1 |
Notes: | |
(1) | In the table, dividends per share and dividends per depositary share for Series I and Series J are rounded to the hundred-thousandths position for the convenience of the reader. Rounded to the fourteenth decimal place, the dividend per share and dividend per depositary share for Series I are |
(2) | In accordance with the Amended and Restated Declaration of Trust of SunTrust Preferred Capital I, the record date for the Preferred Purchase Securities representing fractional interests in shares of Series J preferred stock will be May 31, 2021. |
(3) | Dividends per share and dividends per depositary share for Series L, Series M, and Series P are declared and paid semiannually. |
About Truist
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Formed by the historic merger of equals of BB&T and SunTrust, Truist has leading market share in many high-growth markets in the country. The company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management. Headquartered in Charlotte, North Carolina, Truist is the sixth-largest commercial bank in the U.S. with total assets of
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SOURCE Truist Financial Corporation
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