Huntington Bancshares Declares Dividend on Preferred Stock

Huntington Bancshares Incorporated has declared a quarterly cash dividend on its 5.70% series I non-cumulative perpetual preferred stock (NASDAQ: HBANM). The dividend amounts to $356.25 per share, which is equivalent to $0.35625 per depositary share. It is payable on September 3, 2024, to shareholders of record on August 15, 2024.

Huntington Bancshares Incorporated is a regional bank holding company with assets totaling $194 billion. The company, headquartered in Columbus, Ohio, was founded in 1866. It operates approximately 970 branches in 11 states, offering a comprehensive suite of banking, payments, wealth management, and risk management products and services. The market has reacted to these announcements by moving the company's shares 0.6% to a price of $12.46. For more information, read the company's full 8-K submission here.

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