By Stephen Nakrosis 
 

Truist Financial Corp. on Tuesday said its board raised the company's regular quarterly cash dividend by 7%.

The financial services company said its new dividend of 48 cents would be payable on Sept. 1 to shareholders of record at the close of business on Aug. 13.

Also on Tuesday, Truist said its board declared dividends on the company's Series I, Series J, Series N Fixed, Series O, Series Q Fixed and Series R preferred stock.

 

-Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

July 27, 2021 17:41 ET (21:41 GMT)

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