Huntington Bancshares Incorporated Declares Quarterly Cash Dividends On Its Common And Preferred Stocks

Rhea-AI Summary

Huntington Bancshares Incorporated has declared a quarterly cash dividend of $0.15 per common share, payable on July 1, 2021, for shareholders recorded on June 17, 2021. Additionally, the Board announced dividends for its preferred stocks, including $7.20937324 for Series B and $14.69 for Series C, among others, all payable on July 15, 2021. The company's total assets amount to $126 billion, with an extensive network of 814 branches and 1,314 ATMs across the Midwest.

Positive

• Quarterly cash dividend of $0.15 per share provides consistent income for shareholders.
• Strong asset base of $126 billion indicates financial stability.

Negative

• None.

COLUMBUS, Ohio, April 22, 2021 /PRNewswire/ -- Huntington Bancshares Incorporated (www.huntington.com) announced that the Board of Directors declared a quarterly cash dividend on the company's common stock (Nasdaq: HBAN) of $0.15 per common share, unchanged from the prior quarter.  The common stock cash dividend is payable July 1, 2021, to shareholders of record on June 17, 2021.

In addition, the Board declared quarterly cash dividends on its seven series of preferred stock.  The Board declared a quarterly cash dividend on its Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150500) of $7.20937324 per share (equivalent to $0.1802343 per depositary receipt share).  The Board declared a quarterly cash dividend on its 5.875% Series C Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANN) of $14.69 per share (equivalent to $0.36725 per depositary receipt share).  The Board declared a quarterly cash dividend on its 6.25% Series D Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANO) of $15.625 per share (equivalent to $0.390625 per depositary receipt share).  The Board declared a quarterly cash dividend on its 5.70% Series E Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AL8) of $1,425.00 per share (equivalent to $14.25 per depositary receipt share).  The Board declared a quarterly cash dividend on its 5.625% Series F Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AT1) of $1,406.25 per share (equivalent to $14.0625 per depositary share).  The Board declared a quarterly cash dividend on its 4.450% Series G Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AV6) of $1,112.50 per share (equivalent to $11.1250 per depositary share).  Finally, the Board declared a quarterly cash dividend on its 4.5% Series H Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANP) of $19.50 per share (equivalent to $0.48750 per depositary share).  All seven preferred stock cash dividends are payable July 15, 2021, to their respective shareholders of record on July 1, 2021.

About Huntington

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio, with $126 billion of assets and a network of 814 full-service branches, including 11 Private Client Group offices, and 1,314 ATMs across seven Midwestern states. Founded in 1866, The Huntington National Bank and its affiliates provide consumer, small business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides vehicle finance, equipment finance, national settlement, and capital market services that extend beyond its core states. Visit huntington.com for more information.

 

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SOURCE Huntington Bancshares Incorporated

FAQ

What is the dividend amount declared by Huntington Bancshares for Q2 2021?

Huntington Bancshares declared a dividend of $0.15 per common share for Q2 2021.

When is the payment date for the common stock dividend?

The payment date for the common stock dividend is July 1, 2021.

When will the preferred stock dividends be paid?

The preferred stock dividends will be paid on July 15, 2021.

What are the dividend amounts for Huntington's preferred stocks?

Dividends for preferred stocks vary, with amounts including $7.20937324 for Series B and $14.69 for Series C.