CHARLOTTE, N.C., Oct. 25,
2022 /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 Dec. 1,
2022, to shareholders of record at the close of business on
Nov. 10, 2022.
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)
|
$1,011.11111(1)
|
$0.25278(1)
|
Nov. 10
|
Dec. 15
|
Series J Non-Cumulative
Perpetual Preferred Stock (CUSIP 86800XAA6)
|
$1,011.11111(1)
|
$10.11111(1)
|
Nov.
10(2)
|
Dec. 15
|
Series L
Non-CumulativePerpetual Preferred Stock (CUSIP 89832QAB5)
|
$1,616.40519(1)
|
$16.16405(1)
|
Nov. 10
|
Dec. 15
|
Series M Non-Cumulative
Perpetual Preferred Stock (CUSIP
89832QAC3)
|
$2,562.50
|
$25.625
|
Nov. 10
|
Dec.
15(3)
|
Series O Non-Cumulative
Perpetual Preferred Stock (CUSIP 89832Q745)
|
$328.125
|
$0.328125
|
Nov. 10
|
Dec. 1
|
Series P Fixed Rate
Reset Non-Cumulative Perpetual Preferred Stock
(CUSIP 89832QAE9)
|
$618.75
|
$24.75
|
Nov. 10
|
Dec.
1(3)
|
Series R Non-Cumulative
Perpetual Preferred Stock (CUSIP 89832Q695)
|
$296.875
|
$0.296875
|
Nov. 10
|
Dec. 1
|
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. Rounded to the fourteenth decimal place, the dividend
per
share and dividend per depositary share for Series I are
$1,011.11111111111111 and $0.25277777777778,
respectively.
Rounded to the fourteenth decimal place, the dividend per share and
dividend per depositary share for Series J are
$1,011.11111111111111 and $10.11111111111111, respectively. Rounded
to the fourteenth decimal place, the dividend per
share and dividend per depositary share for Series L are
$1,616.40519444444444 and $16.16405194444444,
respectively.
|
(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 Nov. 30,
2022.
|
(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. 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 $548 billion as of
September 30, 2022.Truist Bank,
Member FDIC. Learn more at Truist.com.
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SOURCE Truist Financial Corporation