COLUMBUS, Ohio, July 23, 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
October 1, 2020, to shareholders of
record on September 17, 2020.
In addition, the Board declared quarterly cash dividends on its
five 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
$7.43750 per share (equivalent to
$0.1859375 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). Finally, the Board declared a
quarterly cash dividend on its 5.625% Series F Fixed-Rate Reset
Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150AT1) of
$2,062.50 per share (equivalent to
$20.625 per depositary share).
All five preferred stock cash dividends are payable October 15, 2020, to their respective
shareholders of record on October 1,
2020.
About Huntington
Huntington Bancshares Incorporated is a regional bank holding
company headquartered in Columbus,
Ohio, with $118 billion of
assets and a network of 839 full-service branches, including 12
Private Client Group offices, and 1,344 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