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

Rhea-AI Summary

Huntington Bancshares has announced a quarterly cash dividend declaration for its 5.70% Series I Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANM). The Board of Directors has approved a dividend of $356.25 per share, which equals to $0.35625 per depositary share. The dividend will be payable on June 2, 2025, to shareholders recorded as of May 15, 2025.

Positive

• Consistent quarterly dividend payment maintained
• 5.70% preferred stock dividend yield provides steady income for shareholders

Negative

• None.

COLUMBUS, Ohio, March 31, 2025 /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 2, 2025, to shareholders of record on May 15, 2025.

About Huntington
Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $204 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 978 branches in 12 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.

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SOURCE Huntington Bancshares Incorporated

FAQ

What is the dividend amount for Huntington Bancshares Series I Preferred Stock (HBANM) in June 2025?

Huntington Bancshares will pay $356.25 per share ($0.35625 per depositary share) for its Series I Preferred Stock.

When is the ex-dividend date for HBAN Series I Preferred Stock dividend payment?

Shareholders must be on record by May 15, 2025, to receive the dividend payment scheduled for June 2, 2025.

What is the dividend yield for Huntington Bancshares Series I Preferred Stock?

The Series I Preferred Stock has a 5.70% dividend yield rate.

How often does HBAN pay dividends on its Series I Preferred Stock?

Huntington Bancshares pays quarterly dividends on its Series I Preferred Stock.