Truist declares common and preferred stock dividends
Rhea-AI Summary
Truist Financial (NYSE: TFC) declared a regular quarterly common dividend of $0.52 per common share, payable June 1, 2026, to holders of record at the close of business on May 8, 2026. The Board also declared cash dividends on five series of preferred stock with record dates of May 8 (one fractional-record exception) and payment dates of June 1 or June 15, 2026.
Key preferred details: Series I and J dividends are shown rounded to the hundred‑thousandths; Series M dividends are paid semiannually. Truist reported total assets of $549 billion as of March 31, 2026.
AI-generated analysis. Not financial advice.
Positive
- Quarterly common dividend of $0.52 per share declared, payable June 1, 2026
- Cash dividends declared for five preferred series with specified record and payment dates
- Company reports total assets of $549 billion as of March 31, 2026
Negative
- Preferred dividends for Series I and J use rounded figures shown to the hundred‑thousandths
- Series M dividends are declared and paid on a semiannual schedule (different cadence than others)
News Market Reaction – TFC
On the day this news was published, TFC declined 0.98%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The Board also declared regular cash dividends on the following series of preferred stock:
Series of Preferred Stock | Dividend per | Dividend per | Record Date | Payment Date |
Series I Non-Cumulative | May 8 | Jun. 15 | ||
Series J Non-Cumulative | May 8 (2) | Jun. 15 | ||
Series M Non-Cumulative (CUSIP 89832QAC3) | May 8 | Jun. 15(3) | ||
Series O Non-Cumulative | May 8 | Jun. 1 | ||
Series R Non-Cumulative | May 8 | Jun. 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. |
(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, 2026. |
(3) | Dividends per share and dividends per depositary share for Series M 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. Headquartered in
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SOURCE Truist Financial Corporation