Truist declares common and preferred stock dividends

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Truist Financial (NYSE: TFC) has declared a regular quarterly cash dividend of $0.52 per common share, payable on June 3, 2024. The Board also announced regular cash dividends for various series of preferred stock, including Series I, Series J, Series L, Series M, Series O, Series P, and Series R. These dividends range from $0.296875 to $25.625 per share, with record dates in May and payment dates in June.

CHARLOTTE, N.C., April 23, 2024 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE: TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on June 3, 2024, to shareholders of record at the close of business on May 10, 2024.

The Board also declared regular cash dividends on the following series of preferred stock:

Series of Preferred Stock	Dividend per Share	Dividend per Depositary Share	Record Date	Payment Date
Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810)	$1,564.22489(1)	$0.39106(1)	May 10	June 17
Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6)	$1,593.61378(1)	$15.93614(1)	May 10 (2)	June 17
Series L Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAB5)	$2,221.51378(1)	$22.21514(1)	May 10	June 17
Series M Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAC3)	$2,562.50	$25.625	May 10	June 17 (3)
Series O Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q745)	$328.125	$0.328125	May 10	June 3
Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAE9)	$618.75	$24.75	May 10	June 3(3)
Series R Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q695)	$296.875	$0.296875	May 10	June 3

Notes:
(1)	In the table, dividends per share and dividends per depositary share for Series I, Series J, and Series L 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, 2024.
(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 U.S. commercial bank, Truist has leading market share in many of the high-growth markets across the country. Truist offers a wide range of products and services through our wholesale and consumer businesses, including consumer and small business banking, commercial banking, corporate and investment banking, insurance, wealth management, payments, and specialized lending businesses. Headquartered in Charlotte, North Carolina, Truist is a top-10 commercial bank with total assets of $535 billion as of March 31, 2024. Truist Bank, Member FDIC. Learn more at Truist.com.

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SOURCE Truist Financial Corporation

FAQ

What is the dividend amount per common share declared by Truist Financial (TFC)?

Truist Financial declared a regular quarterly cash dividend of $0.52 per common share.

When is the payment date for the dividends declared by Truist Financial (TFC)?

The payment date for the dividends declared by Truist Financial is on June 3, 2024.

What series of preferred stock received regular cash dividends from Truist Financial (TFC)?

Truist Financial declared regular cash dividends for Series I, Series J, Series L, Series M, Series O, Series P, and Series R of preferred stock.

What is the range of dividend amounts declared for the preferred stock of Truist Financial (TFC)?

The dividend amounts declared for the preferred stock of Truist Financial range from $0.296875 to $25.625 per share.

When is the record date for the dividends declared by Truist Financial (TFC)?

The record date for the dividends declared by Truist Financial is May 10, 2024.