Regions Financial Corporation Increases Quarterly Common Dividend and Declares Preferred Stock Dividends
17 Juli 2024 - 10:30PM
Business Wire
Dividends on common stock to be payable Oct. 1; dividends on
preferred stock to be payable in August and September.
The Regions Financial Corporation (NYSE:RF) Board of Directors
today declared the following cash dividends on its common shares,
Series B preferred shares, Series C preferred shares, Series D
preferred shares and Series E preferred shares:
- A cash dividend of $0.25 on each share of outstanding common
stock of the Company, payable on Oct. 1, 2024, to stockholders of
record at the close of business on Sept. 3, 2024. The dividend of
$0.25 represents a $0.01 increase over the most recent quarterly
common dividend.
- A cash dividend of $15.9375 per share of Series B Preferred
Stock (equivalent to approximately $0.398438 per depositary share),
payable on Sept. 16, 2024, to stockholders of record at the close
of business on Sept. 3, 2024.
- A cash dividend of $14.25 per share of Series C Preferred Stock
(equivalent to approximately $0.35625 per depositary share),
payable on Aug. 15, 2024, to stockholders of record at the close of
business on Aug. 1, 2024.
- A cash dividend of $1,437.50 per share of Series D Preferred
Stock (equivalent to approximately $14.375 per depositary share),
payable on Sept. 16, 2024, to stockholders of record at the close
of business on Sept. 3, 2024.
- A cash dividend of $11.125 per share of Series E Preferred
Stock (equivalent to approximately $0.278125 per depositary share),
payable on Sept. 16, 2024, to stockholders of record at the close
of business on Sept. 3, 2024.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $155 billion in
assets, is a member of the S&P 500 Index and is one of the
nation’s largest full-service providers of consumer and commercial
banking, wealth management, and mortgage products and services.
Regions serves customers across the South, Midwest and Texas, and
through its subsidiary, Regions Bank, operates approximately 1,250
banking offices and more than 2,000 ATMs. Regions Bank is an Equal
Housing Lender and Member FDIC. Additional information about
Regions and its full line of products and services can be found at
www.regions.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240717974938/en/
Media Contact: Jeremy D. King (205) 264-4551
Investor Relations Contact: Dana Nolan (205) 264-7040
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