CHARLOTTE, N.C., April 25,
2023 /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 June 1, 2023, to
shareholders of record at the close of business on May 12, 2023.
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)
|
$1,379.05189(1)
|
$0.34476(1)
|
May 12
|
June 15
|
Series J Non-Cumulative
Perpetual Preferred Stock (CUSIP 86800XAA6)
|
$1,408.44078(1)
|
$14.08441(1)
|
May
12(2)
|
June 15
|
Series L Non-Cumulative
Perpetual Preferred Stock (CUSIP
89832QAB5)
|
$2,036.34078(1)
|
$20.36341(1)
|
May 12
|
June 15
|
Series M Non-Cumulative
Perpetual Preferred Stock (CUSIP 89832QAC3)
|
$2,562.50
|
$25.625
|
May 12
|
June
15(3)
|
Series O Non-Cumulative
Perpetual Preferred Stock (CUSIP 89832Q745)
|
$328.125
|
$0.328125
|
May 12
|
June 1
|
Series P Fixed Rate
Reset Non-Cumulative Perpetual Preferred
Stock (CUSIP
89832QAE9)
|
$618.75
|
$24.75
|
May 12
|
June
1(3)
|
Series R Non-Cumulative
Perpetual Preferred Stock (CUSIP 89832Q695)
|
$296.875
|
$0.296875
|
May 12
|
June 1
|
|
|
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. Rounded to the
fourteenth decimal place, the dividend per share and dividend per
depositary share
for Series I are $1,379.05188888888889 and $0.34476297222222,
respectively. Rounded to the fourteenth decimal place, the dividend
per
share and dividend per depositary share for Series J are
$1,408.44077777777778 and $14.08440777777778, respectively.
Rounded to the
fourteenth decimal place, the dividend per share and dividend per
depositary share for Series L are $2,036.34077777777778 and
$20.36340777777778, respectively.
|
(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 May 31, 2023.
|
(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. Truist has leading
market share in many high-growth markets in the country, and offers
a wide range of products and services through our retail and small
business banking, commercial banking, corporate and investment
banking, insurance, wealth management, and specialized lending
businesses. Headquartered in Charlotte,
North Carolina, Truist is a top 10 U.S. commercial bank with
total assets of $574 billion as of
March 31, 2023. Truist Bank, Member
FDIC. Learn more at Truist.com.
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SOURCE Truist Financial Corporation