Huntington Bancshares Incorporated Declares Cash Dividend On Its Series I & Series L Preferred Stock

Huntington Bancshares (NASDAQ:HBAN) declared quarterly cash dividends on two series of preferred stock.

Rhea-AI Summary

Huntington Bancshares (NASDAQ:HBAN) declared quarterly cash dividends on two series of preferred stock. The 5.70% Series I dividend is $356.25 per share (equivalent to $0.35625 per depositary share), payable June 1, 2026 to holders of record on May 15, 2026. The 5.50% Series L dividend is $343.75 per share (equivalent to $0.34375 per depositary share), payable May 20, 2026 to holders of record on April 30, 2026.

Positive

• Series I dividend set at $356.25 per share payable June 1, 2026
• Series L dividend set at $343.75 per share payable May 20, 2026
• Clear record and payment dates provide timing certainty for investors

Negative

• Non-cumulative preferred dividends do not accrue if unpaid
• Perpetual preferred securities have no stated maturity date

Argus Mar 31 session

+4.19% close to close Open Argus

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News Market Reaction – HBAN

On Mar 31, the first trading day after this news, HBAN closed 4.19% above the previous close.

Data tracked by StockTitan Argus for the Mar 31 session.

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COLUMBUS, Ohio, March 30, 2026 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared and set aside a quarterly cash dividend on the company's 5.70% Series I Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANM) of $356.25 per share (equivalent to $0.35625 per depositary share) payable June 1, 2026, to shareholders of record on May 15, 2026. The Board of Directors also declared and set aside a quarterly cash dividend on the company's 5.50% Series L Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANZ) of $343.75 per share (equivalent to $0.34375 per depositary share) payable May 20, 2026, to shareholders of record on April 30, 2026.

About Huntington

Huntington Bancshares Incorporated is a $279 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle-market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates nearly 1,400 branches in 21 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.

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SOURCE Huntington Bancshares Incorporated

FAQ

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What dividend did Huntington Bancshares (HBAN) declare for its Series I preferred stock on March 30, 2026?

The Series I dividend is $356.25 per share (equivalent to $0.35625 per depositary share). According to the company, it is payable June 1, 2026 to holders of record on May 15, 2026.

When will Huntington Bancshares (HBAN) pay the dividend on its Series L preferred stock declared March 30, 2026?

The Series L dividend is payable May 20, 2026. According to the company, the dividend equals $343.75 per share (or $0.34375 per depositary share) to holders of record on April 30, 2026.

Are Huntington Bancshares (HBAN) Series I and L preferred dividends cumulative or non-cumulative?

Both Series I and Series L dividends are non-cumulative. According to the company, missed dividend payments on these preferred shares do not accumulate for future payment.

What record dates should investors note for HBAN preferred dividends declared March 30, 2026?

Investors should note April 30, 2026 for Series L and May 15, 2026 for Series I. According to the company, those are the record dates to be eligible for the upcoming payments.

How are the declared dividends on HBAN Series I and L quoted per depositary share?

The Series I dividend equals $0.35625 per depositary share; Series L equals $0.34375 per depositary share. According to the company, those figures reflect the per-depositary-share equivalents of the declared amounts.