Truist declares common and preferred stock dividends
CHARLOTTE, N.C., July 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 September 3, 2024, to shareholders of record at the close of business on August 9, 2024.
The Board also declared regular cash dividends on the following series of preferred stock:
Series of Preferred Stock | Dividend | Dividend per | Record Date | Payment Date |
Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) | $1,549.73758(1) | $0.38743(1) | August 9 | September 16 |
Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6) | $1,578.80703(1) | $15.78807(1) | August 9 (2) | September 16 |
Series L Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAB5) | $2,199.88203(1) | $21.99882(1) | August 9 | September 16 |
Series N Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAD1) | $600.00 | $24.00 | August 9 | September 3 (3) |
Series O Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q745) | $328.125 | $0.328125 | August 9 | September 3 |
Series Q Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAF6) | $637.50 | $25.50 | August 9 | September 3 (3) |
Series R Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q695) | $296.875 | $0.296875 | August 9 | September 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 August 31, 2024. |
(3) | Dividends per share and dividends per depositary share for Series N and Series Q 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, wealth management, payments, and specialized lending businesses. Headquartered in Charlotte, North Carolina, Truist is a top-10 commercial bank with total assets of $520 billion as of June 30, 2024. Truist Bank, Member FDIC. Learn more at Truist.com.
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SOURCE Truist Financial Corporation
