Cision PR Newswire
Truist declares common and preferred stock dividends
News provided byTruist Financial Corporation
Jan 24, 2023, 11:57 AM ET
CHARLOTTE, N.C., Jan. 24, 2023 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE: TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on Mar. 1, 2023, to shareholders of record at the close of business on Feb. 10, 2023.
The Board also declared regular cash dividends on the following series of preferred stock:
Series of Preferred Stock
Series I Non-Cumulative
Series J Non-Cumulative
Series L Non-Cumulative
Series N Fixed Rate Reset
Series O Non-Cumulative
Series Q Fixed Rate Reset
Series R Non-Cumulative
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 Feb. 28, 2023.
Dividends per share and dividends per depositary share for Series N and Series Q are declared and paid semiannually.
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Truist has leading market share in many high-growth markets in the country, and offers a wide range of products and services through our retail and small business banking, commercial banking, corporate and investment banking, insurance, wealth management, and specialized lending businesses. Headquartered in Charlotte, North Carolina, Truist is a top 10 U.S. commercial bank with total assets of $555 billion as of December 31, 2022. Truist Bank, Member FDIC. Learn more at Truist.com.
SOURCE Truist Financial Corporation