CHARLOTTE, N.C., Oct. 22,
2024 /PRNewswire/ -- The Board of Directors of Truist
Financial Corporation (NYSE: TFC) declared a regular quarterly cash
dividend of $0.52 per common share,
payable on Dec. 2, 2024, to
shareholders of record at the close of business on Nov. 8, 2024.
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)
|
$1,450.50208(1)
|
$0.36263(1)
|
November 8
|
December 16
|
Series J
Non-Cumulative
Perpetual Preferred Stock
(CUSIP 86800XAA6)
|
$1,479.57153(1)
|
$14.79572(1)
|
November
8(2)
|
December 16
|
Series L
Non-Cumulative
Perpetual Preferred Stock
(CUSIP 89832QAB5)
|
$2,100.64653(1)
|
$21.00647(1)
|
November 8
|
December 16
|
Series M
Non-Cumulative
Perpetual Preferred Stock
(CUSIP 89832QAC3)
|
$2,562.50
|
$25.625
|
November 8
|
December
16(3)
|
Series O
Non-Cumulative
Perpetual Preferred Stock
(CUSIP 89832Q745)
|
$328.125
|
$0.328125
|
November 8
|
December 2
|
Series P Fixed Rate
Reset
Non-Cumulative Perpetual
Preferred Stock
(CUSIP 89832QAE9)
|
$618.75
|
$24.75
|
November 8
|
December
2(3)
|
Series R
Non-Cumulative
Perpetual Preferred Stock
(CUSIP 89832Q695)
|
$296.875
|
$0.296875
|
November 8
|
December 2
|
Notes:
|
(1) In the table,
dividends per share and dividends per depositary share for Series
I, Series J, and Series L 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 Nov. 30, 2024.
|
(3) Dividends per
share and dividends per depositary share for 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. 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 $523 billion as of
Sep. 30, 2024. Truist Bank, Member
FDIC. Learn more at Truist.com.
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SOURCE Truist Financial Corporation