COLUMBUS, Ohio, Oct. 22, 2020 /PRNewswire/ -- Huntington
Bancshares Incorporated (www.huntington.com) announced that the
Board of Directors declared a quarterly cash dividend on the
company's common stock (Nasdaq: HBAN) of $0.15 per common share, unchanged from the prior
quarter. The common stock cash dividend is payable
January 4, 2021, to shareholders of
record on December 18, 2020.
In addition, the Board declared quarterly cash dividends on its
six series of preferred stock. The Board declared a quarterly
cash dividend on its Floating Rate Series B Non-Cumulative
Perpetual Preferred Stock (CUSIP#: 446150500) of $7.34219718 per share (equivalent to $0.1835549 per depositary receipt share).
The Board declared a quarterly cash dividend on its 5.875% Series C
Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANN) of
$14.69 per share (equivalent to
$0.36725 per depositary receipt
share). The Board declared a quarterly cash dividend on its
6.25% Series D Non-Cumulative Perpetual Preferred Stock (Nasdaq:
HBANO) of $15.625 per share
(equivalent to $0.390625 per
depositary receipt share). The Board declared a quarterly
cash dividend on its 5.70% Series E Fixed-to-Floating Rate
Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AL8) of
$1,425.00 per share (equivalent to
$14.25 per depositary receipt
share). The Board declared a quarterly cash dividend on its
5.625% Series F Fixed-Rate Reset Non-Cumulative Perpetual Preferred
Stock (CUSIP#: 446150AT1) of $1,406.25 per share (equivalent to $14.0625 per depositary share). Finally,
the Board declared a quarterly cash dividend on its 4.450% Series G
Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP#:
446150AV6) of $1,915.97 per share
(equivalent to $19.1597 per
depositary share). All six preferred stock cash dividends are
payable January 15, 2021, to their
respective shareholders of record on January
1, 2021.
About Huntington
Huntington Bancshares Incorporated is a regional bank holding
company headquartered in Columbus,
Ohio, with $120 billion of
assets and a network of 839 full-service branches, including 11
Private Client Group offices, and 1,330 ATMs across seven
Midwestern states. Founded in 1866, The Huntington National
Bank and its affiliates provide consumer, small business,
commercial, treasury management, wealth management, brokerage,
trust, and insurance services. Huntington also provides
vehicle finance, equipment finance, national settlement, and
capital market services that extend beyond its core states. Visit
huntington.com for more information.
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SOURCE Huntington Bancshares Incorporated