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COLUMBUS, Ohio, Jan. 17, 2025 ~ Huntington Bancshares Incorporated, a leading financial services company, has recently announced its quarterly cash dividend for the first quarter of 2025. The Board of Directors declared a dividend of $0.155 per common share on the company's common stock (Nasdaq: HBAN), which remains unchanged from the previous quarter. This dividend will be payable on April 1, 2025, to shareholders of record as of March 18, 2025.
In addition to the common stock dividend, the Board also declared quarterly cash dividends on five series of its preferred stock. These include a dividend of $18.15897183 per share (equivalent to $0.453974296 per depositary receipt share) on its Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150500), a dividend of $1,406.25 per share (equivalent to $14.0625 per depositary share) on its 5.625% Series F Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AT1), a dividend of $1,112.50 per share (equivalent to $11.1250 per depositary share) on its 4.450% Series G Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AV6), a dividend of $11.25 per share (equivalent to $0.28125 per depositary share) on its 4.5% Series H Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANP), and a dividend of $17.19 per share (equivalent to $0.42975 per depositary share) on its 6.875% Series J Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANL). All five preferred stock dividends will be payable on April 15, 2025, to their respective shareholders of record as of April 1, 2025.
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This announcement reflects Huntington Bancshares Incorporated's commitment to providing value to its shareholders through consistent and competitive dividends. The company's strong financial performance and strategic initiatives have allowed it to maintain its dividend payout for the common stock and increase dividends for the preferred stock. Shareholders can look forward to continued growth and stability from Huntington Bancshares Incorporated in the future.
In addition to the common stock dividend, the Board also declared quarterly cash dividends on five series of its preferred stock. These include a dividend of $18.15897183 per share (equivalent to $0.453974296 per depositary receipt share) on its Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150500), a dividend of $1,406.25 per share (equivalent to $14.0625 per depositary share) on its 5.625% Series F Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AT1), a dividend of $1,112.50 per share (equivalent to $11.1250 per depositary share) on its 4.450% Series G Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AV6), a dividend of $11.25 per share (equivalent to $0.28125 per depositary share) on its 4.5% Series H Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANP), and a dividend of $17.19 per share (equivalent to $0.42975 per depositary share) on its 6.875% Series J Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANL). All five preferred stock dividends will be payable on April 15, 2025, to their respective shareholders of record as of April 1, 2025.
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This announcement reflects Huntington Bancshares Incorporated's commitment to providing value to its shareholders through consistent and competitive dividends. The company's strong financial performance and strategic initiatives have allowed it to maintain its dividend payout for the common stock and increase dividends for the preferred stock. Shareholders can look forward to continued growth and stability from Huntington Bancshares Incorporated in the future.
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