Huntington Declares Quarterly Dividend of 15.5 cents
COLUMBUS, Ohio – Huntington Bancshares Inc.’s board of directors declared a 15.5 cents cash dividend on the company’s common stock.
The amount is unchanged from the prior quarter and is payable on July 3 to shareholders of record on June 19.
In addition, Huntington declared quarterly cash dividends for six series of its perpetual preferred stock:
- Floating Rate Series B Non-Cumulative, $19.90 per share, equivalent to $.04975181 per depositary receipt share.
- 5.70% Series E Fixed-to-Floating Rate Non-Cumulative, $2,035.07 per share, equivalent to $20,3507 per depositary receipt share.
- 5.625% Series F Fixed-Rate Reset Non-Cumulative, $1,406.25 per share, equivalent to $14.0625 per depositary share.
- 4.450% Series G Fixed-Rate Reset Non-Cumulative, $1,112.50 per share, equivalent to $11,1250 per depositary share.
- 4.5% Series H Fixed-Rate Reset Non-Cumulative, $11.25 per share, equivalent to $0.28125 per depositary share.
- 6.875% Series J Fixed-Rate Reset Non-Cumulative, $24.64 per share, equivalent to $0.616 per depositary share.
The six preferred stock cash dividends are payable July 17 for shareholders of record on July 1.
Huntington’s common stocks trade on Nasdaq (HBAN), with series H (HBANP) and Series J (HBANL).
Published by The Business Journal, Youngstown, Ohio.
