Truist declares common and preferred stock dividends

PR Newswire

CHARLOTTE, N.C., Jan. 28, 2025

CHARLOTTE, N.C., Jan. 28, 2025 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation $(TFC)$ declared a regular quarterly cash dividend of $0.52 per common share, payable on Mar. 3, 2025, to shareholders of record at the close of business on Feb.14, 2025.

The Board also declared regular cash dividends on the following series of preferred stock:

 
                                           Dividend per 
Series of Preferred       Dividend per      Depositary   Record      Payment 
Stock                      Share            Share         Date        Date 
------------------------  ---------------  ------------  ----------  --------- 
Series I Non-Cumulative 
 Perpetual Preferred 
 Stock (CUSIP 
 89832Q810)               $1,301.85106(1)   $0.32546(1)  Feb. 14     Mar. 17 
------------------------  ---------------  ------------  ----------  --------- 
Series J Non-Cumulative 
 Perpetual Preferred 
 Stock (CUSIP 
 86800XAA6)               $1,330.92050(1)  $13.30921(1)  Feb. 14(2)  Mar. 17 
------------------------  ---------------  ------------  ----------  --------- 
Series N Fixed Rate 
 Reset Non-Cumulative 
 Perpetual Preferred 
 Stock (CUSIP 
 89832QAD1)                      $833.625       $33.345  Feb. 14     Mar. 3(3) 
------------------------  ---------------  ------------  ----------  --------- 
Series O Non-Cumulative 
 Perpetual Preferred 
 Stock (CUSIP 
 89832Q745)                      $328.125     $0.328125  Feb. 14     Mar. 3 
------------------------  ---------------  ------------  ----------  --------- 
Series Q Fixed Rate 
 Reset Non-Cumulative 
 Perpetual Preferred 
 Stock (CUSIP 
 89832QAF6)                       $637.50        $25.50  Feb. 14     Mar. 3(3) 
------------------------  ---------------  ------------  ----------  --------- 
Series R Non-Cumulative 
 Perpetual Preferred 
 Stock (CUSIP 
 89832Q695)                      $296.875     $0.296875  Feb. 14     Mar. 3 
------------------------  ---------------  ------------  ----------  --------- 
 
 
 
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. 
(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 Feb. 28, 2025. 
(3)  Dividends per share and dividends per depositary share for Series N and 
     Series Q 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, wealth management, payments, and specialized lending businesses. Headquartered in Charlotte, North Carolina, Truist is a top-10 commercial bank with total assets of $531 billion as of December 31, 2024. Truist Bank, Member FDIC. Learn more at Truist.com.

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SOURCE Truist Financial Corporation

/CONTACT: Contacts: Investors: Brad Milsaps, investors@truist.com; Media: Shelley Miller, media@truist.com

(END) Dow Jones Newswires

January 28, 2025 12:18 ET (17:18 GMT)