Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Truist Financial Corporation    TFC

TRUIST FINANCIAL CORPORATION

(TFC)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Truist Financial : Declares Common and Preferred Stock Dividends

10/27/2020 | 03:07pm EST

CHARLOTTE, N.C., Oct. 27, 2020 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE: TFC) declared a regular quarterly cash dividend of $0.45 per common share, payable on December 1, 2020, to shareholders of record at the close of business on November 13, 2020.

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 F Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q851)

$325.00

$0.325

November 13

December 1

Series G Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q844)

$325.00

$0.325

November 13

December 1

Series H Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q836)

$351.5625

$0.3515625

November 13

December 1

Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810)

$1,011.11111(1)

$0.25278(1)

November 13

December 15

Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6)

$1,011.11111(1)

$10.11111(1)

November 13(2)

December 15

Series L Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAB5)

$2,525.00(3)

$25.25(3)

November 13

December 15

Series M Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAC3)

$2,562.50(3)

$25.625(3)

November 13

December 15

Series O Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q745)

$328.125

$0.328125

November 13

December 1

Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock

(CUSIP 89832QAE9)

$618.75

$24.75

November 13

December 1

Series R Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q695)

$389.23611(4)

$0.38924(4)

November 13

December 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 $1,011.11111111111111 and $0.25277777777778, respectively.  Rounded to the fourteenth decimal place, the dividend per share and dividend per depositary share for Series J are $1,011.11111111111111 and $10.11111111111111, 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 November 30, 2020.

(3)

Dividends per share and dividends per depositary share for Series L and Series M are declared and paid semiannually.

(4)

The dividend per share and dividend per depositary share for Series R reflect the long initial dividend period that commenced on, and included, the original issue date of August 3, 2020, and will end on, and exclude, the dividend payment date of December 1, 2020.  The dividend per share and dividend per depositary share for Series R shown in the table 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 R are $389.23611111111111 and $0.38923611111111, respectively.  During a normalized dividend period that extends from, and includes, a dividend payment date to, but excludes, the next dividend payment date, the dividend per share and dividend per depositary share for Series R would be $296.875 per share and $0.296875 per depositary share, respectively.

About Truist
Truist Financial Corporation is a purpose-driven financial services company committed to inspire and build better lives and communities. With 275 years of combined BB&T and SunTrust history, 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 the sixth-largest commercial bank in the U.S. with total assets of $499 billion as of September 30, 2020. Truist Bank, Member FDIC. Learn more at Truist.com.

Cision
View original content:http://www.prnewswire.com/news-releases/truist-declares-common-and-preferred-stock-dividends-301161056.html

SOURCE Truist Financial Corporation


© PRNewswire 2020
All news about TRUIST FINANCIAL CORPORATION
11/24TRUIST FINANCIAL : to Present at the Goldman Sachs US Financial Services Confere..
PR
11/16PNC Deal Highlights Challenges of U.S. Market for European Banks -- 3rd Updat..
DJ
11/16PNC Deal Highlights Challenges of U.S. Market for European Banks -- 2nd Updat..
DJ
11/16TRUIST FINANCIAL : hires Karakaplan to lead newly formed Enterprise Payments Gro..
PR
11/12TRUIST FINANCIAL : Awards $2.5 Million Grant to TechSoup COVID Recovery Fund
PR
11/12TRUIST FINANCIAL CORPORATION : Ex-dividend day for
FA
11/03TRUIST FINANCIAL : to Participate at Bank of America Securities Future of Financ..
PR
11/02TRUIST FINANCIAL : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION A..
AQ
10/29TRUIST FINANCIAL : CFO to Present at the BancAnalysts Association of Boston Conf..
PR
10/29TRUIST FINANCIAL : Announces 2021 Earnings Conference Calls
PR
More news