CHARLOTTE, N.C., April 26,
2022 /PRNewswire/ -- The Board of Directors of Truist
Financial Corporation (NYSE: TFC) declared a regular quarterly cash
dividend of $0.48 per common share,
payable on June 1, 2022, to
shareholders of record at the close of business on May 13, 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)
|
$1,022.22222(1)
|
$0.25556(1)
|
May 13
|
June 15
|
Series J Non-Cumulative
Perpetual Preferred Stock (CUSIP 86800XAA6)
|
$1,022.22222(1)
|
$10.22222(1)
|
May
13(2)
|
June 15
|
Series L Non-Cumulative
Perpetual Preferred Stock
(CUSIP
89832QAB5)
|
$2,525.00
|
$25.25
|
May 13
|
June
15(3)
|
Series M Non-Cumulative
Perpetual Preferred Stock
(CUSIP
89832QAC3)
|
$2,562.50
|
$25.625
|
May 13
|
June
15(3)
|
Series O Non-Cumulative
Perpetual Preferred Stock (CUSIP 89832Q745)
|
$328.125
|
$0.328125
|
May 13
|
June 1
|
Series P Fixed Rate
Reset Non-Cumulative Perpetual Preferred Stock
(CUSIP
89832QAE9)
|
$618.75
|
$24.75
|
May 13
|
June
1(3)
|
Series R Non-Cumulative
Perpetual Preferred Stock (CUSIP 89832Q695)
|
$296.875
|
$0.296875
|
May 13
|
June 1
|
Notes:
(1) In the table, dividends per share and dividends per
depositary share for Series I and Series J 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
$1,022.22222222222222 and
$0.25555555555556,
respectively. Rounded to the fourteenth decimal place, the
dividend per share and dividend per depositary share for Series J
are $1,022.22222222222222 and
$10.22222222222222, 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 May 31, 2022.
(3) Dividends per share and dividends per depositary share
for Series L, 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. The company offers a wide range
of services including retail, small business and commercial
banking; asset management; capital markets; commercial real estate;
corporate and institutional banking; insurance; mortgage; payments;
specialized lending; and wealth management. Headquartered in
Charlotte, North Carolina, Truist
is a top 10 U.S. commercial bank with total assets of $544 billion as of March
31, 2022. Truist Bank, Member FDIC. Learn more at
Truist.com.
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SOURCE Truist Financial Corporation