Huntington Bancshares Announces Dividend on Preferred Stock

By Bobby Samwell • Friday, September 13 15:10 • Permanent Link

Huntington Bancshares Incorporated has announced its quarterly cash dividend for its 5.70% Series I non-cumulative perpetual preferred stock (NASDAQ: HBANM). The dividend is set at $356.25 per share, which is equivalent to $0.35625 per depositary share. This dividend is payable on December 2, 2024, to shareholders of record on November 15, 2024.

Huntington Bancshares Incorporated, a regional bank holding company with assets worth $196 billion, is headquartered in Columbus, Ohio. The company, founded in 1866, serves various sectors including consumers, small and middle-market businesses, corporations, municipalities, and other organizations with a wide range of banking, payments, wealth management, and risk management products and services. It operates approximately 970 branches in 11 states, with certain businesses operating in extended geographies. As a result of these announcements, the company's shares have moved 0.6% on the market, and are now trading at a price of $14.29. If you want to know more, read the company's complete 8-K report here.

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