Regions Financial Corporation Declares Quarterly Common and Preferred Stock Dividends and Announces Common Stock Repurchase Program
Regions Financial Corporation (NYSE:RF) has declared cash dividends on common and preferred shares, with a notable common stock dividend of $0.155, payable on July 1, 2021, to stockholders of record by June 4, 2021.
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.
The Regions Financial Corporation (NYSE:RF) Board of Directors today declared the following cash dividends on its common shares, Series A preferred shares, Series B preferred shares, Series C preferred shares and Series D preferred shares:
Regions corporate headquarters in Birmingham, Ala. (Photo: Business Wire)
-
A cash dividend of
$0.155 on each share of outstanding common stock of the Company, payable on July 1, 2021, to stockholders of record at the close of business on June 4, 2021.
-
A cash dividend of
$15.9375 per share of Series A Preferred Stock (equivalent to approximately$0.398438 per depositary share), payable on June 15, 2021, to stockholders of record at the close of business on June 1, 2021.
-
A cash dividend of
$15.9375 per share of Series B Preferred Stock (equivalent to approximately$0.398438 per depositary share), payable on June 15, 2021, to stockholders of record at the close of business on June 1, 2021.
-
A cash dividend of
$14.25 per share of Series C Preferred Stock (equivalent to approximately$0.35625 per depositary share), payable on May 17, 2021, to stockholders of record at the close of business on May 3, 2021.
-
A cash dividend of
$1,437.50 per share of Series D Preferred Stock (equivalent to approximately$14.375 per depositary share), payable on June 15, 2021, to stockholders of record at the close of business on June 1, 2021.
The Regions Financial Corporation Board of Directors also authorized the repurchase of up to
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with