Truist declares common and preferred stock dividends
Rhea-AI Summary
Truist Financial Corporation has announced its latest dividend declarations. The Board approved a regular quarterly cash dividend of $0.52 per common share, payable on June 2, 2025, for shareholders of record as of May 9, 2025.
The company also declared dividends for multiple series of preferred stock, including:
- Series I and J Non-Cumulative Perpetual Preferred Stock
- Series M with $25.625 per depositary share
- Series O with $0.328125 per depositary share
- Series P with $24.75 per depositary share
- Series R with $0.296875 per depositary share
Truist, headquartered in Charlotte, North Carolina, stands as a leading U.S. commercial bank with $536 billion in total assets as of March 31, 2025. The bank offers comprehensive financial services including consumer banking, commercial banking, corporate banking, insurance, and wealth management.
Positive
- Maintains $0.52 quarterly dividend per common share, showing financial stability
- Leading market share in high-growth markets across the US
- Substantial asset base of $536 billion, positioning as a top-10 commercial bank
- Diverse revenue streams through wholesale and consumer businesses
Negative
- None.
News Market Reaction – TFC
On the day this news was published, TFC gained 1.10%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The Board also declared regular cash dividends on the following series of preferred stock:
Series of Preferred Stock | Dividend per | Dividend per Depositary Share | Record Date | Payment Date |
Series I Non-Cumulative Perpetual Preferred Stock | May 9 | June 16 | ||
Series J Non-Cumulative Perpetual Preferred Stock | May 9 (2) | June 16 | ||
Series M Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAC3) | May 9 | June 16 (3) | ||
Series O Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q745) | May 9 | June 2 | ||
Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAE9) | May 9 | June 2(3) | ||
Series R Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q695) | May 9 | June 2 |
Notes: | |
(1) | In the table, dividends per share and dividends per depositary share for Series I and Series J are rounded to the hundred-thousandths position for the convenience of the reader. |
(2) | In accordance with the Amended and Restated Declaration of Trust of SunTrust Preferred Capital I, the record date for the Preferred Purchase Securities representing fractional interests in shares of Series J preferred stock will be May 31, 2025. |
(3) | Dividends per share and dividends per depositary share for Series M and Series P are declared and paid semiannually. |
About Truist
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. As a leading
View original content:https://www.prnewswire.com/news-releases/truist-declares-common-and-preferred-stock-dividends-302441651.html
SOURCE Truist Financial Corporation
FAQ
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