CHARLOTTE, N.C., April 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 June 3, 2024, to
shareholders of record at the close of business on May 10, 2024.
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)
|
$1,564.22489(1)
|
$0.39106(1)
|
May 10
|
June 17
|
Series J Non-Cumulative
Perpetual Preferred Stock (CUSIP 86800XAA6)
|
$1,593.61378(1)
|
$15.93614(1)
|
May 10
(2)
|
June 17
|
Series L Non-Cumulative
Perpetual Preferred Stock (CUSIP 89832QAB5)
|
$2,221.51378(1)
|
$22.21514(1)
|
May 10
|
June 17
|
Series M Non-Cumulative
Perpetual Preferred Stock (CUSIP
89832QAC3)
|
$2,562.50
|
$25.625
|
May 10
|
June 17
(3)
|
Series O Non-Cumulative
Perpetual Preferred Stock (CUSIP 89832Q745)
|
$328.125
|
$0.328125
|
May 10
|
June 3
|
Series P Fixed Rate
Reset Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAE9)
|
$618.75
|
$24.75
|
May 10
|
June
3(3)
|
Series R Non-Cumulative
Perpetual Preferred Stock (CUSIP 89832Q695)
|
$296.875
|
$0.296875
|
May 10
|
June 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 May 31, 2024.
|
(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. 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, insurance,
wealth management, payments, and specialized lending businesses.
Headquartered in Charlotte, North
Carolina, Truist is a top-10 commercial bank with total
assets of $535 billion as of
March 31, 2024. Truist Bank, Member
FDIC. Learn more at Truist.com.
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SOURCE Truist Financial Corporation