Truist declares common and preferred stock dividends

Logo PR Newswire
PR Newswire

CHARLOTTE, N.C., Jan. 24, 2023 /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 Mar. 1, 2023, to shareholders of record at the close of business on Feb. 10, 2023.

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)

$1,324.75

$0.3311875

Feb. 10

Mar. 15

Series J Non-Cumulative
Perpetual Preferred Stock
(CUSIP 86800XAA6)

$1,353.50

$13.535

Feb. 10(1)

Mar. 15

Series L Non-Cumulative
Perpetual Preferred Stock
(CUSIP 89832QAB5)

$1,967.75

$19.6775

Feb. 10

Mar. 15

Series N Fixed Rate Reset
Non-Cumulative Perpetual
Preferred Stock

(CUSIP 89832QAD1)

$600.00

$24.00

Feb. 10

Mar. 1(2)

Series O Non-Cumulative
Perpetual Preferred Stock
(CUSIP 89832Q745)

$328.125

$0.328125

Feb. 10

Mar. 1

Series Q Fixed Rate Reset
Non-Cumulative Perpetual
Preferred Stock

(CUSIP 89832QAF6)

$637.50

$25.50

Feb. 10

Mar. 1(2)

Series R Non-Cumulative
Perpetual Preferred Stock
(CUSIP 89832Q695)

$296.875

$0.296875

Feb. 10

Mar. 1

Notes:

(1)

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 Feb. 28, 2023.

(2)

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. Truist has leading market share in many high-growth markets in the country, and offers a wide range of products and services through our retail and small business banking, commercial banking, corporate and investment banking, insurance, wealth management, and specialized lending businesses. Headquartered in Charlotte, North Carolina, Truist is a top 10 U.S. commercial bank with total assets of $555 billion as of December 31, 2022. Truist Bank, Member FDIC. Learn more at Truist.com.

Cision View original content:https://www.prnewswire.com/news-releases/truist-declares-common-and-preferred-stock-dividends-301729463.html

SOURCE Truist Financial Corporation

Logo GlobeNewswire
TORONTO, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Timbercreek Financial (TSX: TF) (the Company) is pleased to announce that it has declared a monthly cash dividend...

Logo GlobeNewswire
DALLAS, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, and its board of directors...

Logo PR Newswire
2023 marks the 114 th consecutive year that Simmons has paid cash dividends to shareholders PINE BLUFF, Ark., Jan. 23, 2023 /PRNewswire/ -- Simmons First...

Logo Benzinga
Business / FinanceBy Business Wire2023-01-24 15:14:00
Capitol Federal Financial, Inc. CFFN (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-24 15:00:01
Looking at the universe of stocks we cover at Dividend Channel, on 1/26/23, CSW Industrials Inc (Symbol: CSWI) will trade ex-dividend, for its quarterly...

Logo GlobeNewswire
TravelPress Release2023-01-24 13:30:00
WILLIAMSBURG, Va., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the Company) today announced that its Board of Directors has...

Logo Benzinga
Business / FinanceBy Business Wire2023-01-23 21:39:00
Hope Bancorp, Inc. HOPE today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The dividend is payable on...

Logo PR Newswire
BELOIT, Wisc., Jan. 23, 2023 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of...

Logo GlobeNewswire
GLENVILLE, N.Y., Jan. 23, 2023 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced full year 2022 net income of $75.2 million or...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-24 15:01:16
Looking at the universe of stocks we cover at Dividend Channel, on 1/26/23, Prospect Capital Corporation (Symbol: PSEC) will trade ex-dividend, for its...

Logo PR Newswire
WILLIAMSPORT, Pa., Jan. 24, 2023 /PRNewswire/ -- On January 23, 2023, the Board of Directors of Woodlands Financial Services Company (OTC Pink: WDFN)...

Logo Benzinga
Business / FinanceBy Benzinga Insights2023-01-23 20:34:46
T. Rowe Price Gr TROW has outperformed the market over the past 20 years by 3.75% on an annualized basis producing an average annual return of 11.84%....

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-24 15:01:20
Looking at the universe of stocks we cover at Dividend Channel, on 1/26/23, Coca-Cola Consolidated Inc (Symbol: COKE), Signet Jewelers Ltd (Symbol: SIG), and...

Logo PR Newswire
Fourth quarter 2022 GAAP earnings of $1.6 billion, or $1.20 per diluted share Fourth quarter 2022 Adjusted earnings of $1.7 billion, or $1.30 per diluted...

Logo PR Newswire
DENVER, Jan. 23, 2023 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC), one of the nation's leading homebuilders, announced that its board of directors has...

Logo PR Newswire
MARIETTA, Ohio, Jan. 24, 2023 /PRNewswire/ -- The Board of Directors of Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) declared a quarterly cash dividend of...

Logo GlobeNewswire
NEW YORK, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the Company or ARI) (NYSE:ARI) today announced the estimated federal...

Logo Benzinga
Business / FinanceBy Benzinga Insights2023-01-18 16:00:50
Truist Financial TFC is set to give its latest quarterly earnings report on Thursday, 2023-01-19. Here's what investors need to know before the announcement....

Logo Nasdaq
Business / FinanceBy Validea2023-01-23 15:00:00
Below is Validea's daily guru fundamental report for TRUIST FINANCIAL CORP ( TFC ). Of the twelve guru strategies we follow, TFC rates highest using our...

Logo GlobeNewswire
MIAMI, Jan. 23, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT), a business development company (the Company),...