Regions Financial Increases Quarterly Common Dividend From $0.24 To $0.25 Per Share
$RF
Major Banks
Finance
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.