CHARLOTTE, N.C., July 23,
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 September 3, 2024, to
shareholders of record at the close of business on August 9, 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)
|
$1,549.73758(1)
|
$0.38743(1)
|
August 9
|
September 16
|
Series J Non-Cumulative
Perpetual Preferred Stock (CUSIP 86800XAA6)
|
$1,578.80703(1)
|
$15.78807(1)
|
August 9
(2)
|
September 16
|
Series L Non-Cumulative
Perpetual Preferred Stock (CUSIP 89832QAB5)
|
$2,199.88203(1)
|
$21.99882(1)
|
August 9
|
September 16
|
Series N Fixed Rate
Reset Non-Cumulative Perpetual Preferred Stock
(CUSIP
89832QAD1)
|
$600.00
|
$24.00
|
August 9
|
September 3
(3)
|
Series O Non-Cumulative
Perpetual Preferred Stock (CUSIP 89832Q745)
|
$328.125
|
$0.328125
|
August 9
|
September 3
|
Series Q Fixed Rate
Reset Non-Cumulative Perpetual Preferred Stock
(CUSIP
89832QAF6)
|
$637.50
|
$25.50
|
August 9
|
September 3
(3)
|
Series R Non-Cumulative
Perpetual Preferred Stock (CUSIP 89832Q695)
|
$296.875
|
$0.296875
|
August 9
|
September 3
|
|
|
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 August 31, 2024.
|
(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 $520
billion as of June 30, 2024.
Truist Bank, Member FDIC. Learn more at Truist.com.
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SOURCE Truist Financial Corporation