HUNTINGTON BANCSHARES INCORPORATED DECLARES CASH DIVIDEND ON ITS SERIES I PREFERRED STOCK
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Huntington Bancshares Incorporated has declared a quarterly cash dividend of $356.25 per share on its 5.70% Series I Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANM). This dividend is payable on September 1, 2022, to shareholders of record as of August 15, 2022. With total assets of $174 billion, Huntington is a regional bank holding company based in Columbus, Ohio, operating over 1,000 branches across 11 states, providing a variety of financial services.
Positive
- Quarterly cash dividend of $356.25 per share announced.
- Demonstrates company confidence in maintaining dividend payouts.
Negative
- None.
Details
News Market Reaction – HBAN
The recorded move for HBAN in the trading session of this news was +1.51%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
COLUMBUS, Ohio, June 17, 2022 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared and set aside a quarterly cash dividend on the company's
About Huntington
Huntington Bancshares Incorporated (Nasdaq: HBAN) is a
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SOURCE Huntington Bancshares Incorporated
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