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Huntington Bancshares Declares Cash Dividends

On January 17, 2025, Huntington Bancshares Incorporated made an important announcement regarding its dividends in a press release. The Board of Directors has approved a quarterly cash dividend on common and preferred stocks, affirming their commitment to shareholder returns amidst a competitive banking landscape.

Common Stock Dividends

The company declared a cash dividend of $0.155 per common share, maintaining the same rate as the previous quarter. This amount reflects Huntington's stable financial performance and ongoing strategy to provide value to shareholders. The dividend will be payable on April 1, 2025, to those shareholders recorded as of March 18, 2025.

Huntington’s consistent approach towards its common stock dividends not only highlights the bank’s robust financial health but also its dedication to investor communication. The common stock dividend aligns with the company's aim of delivering attractive and sustainable returns to its shareholders.

Preferred Stock Dividends

In addition to the common stock dividend, the Board has declared quarterly cash dividends for five series of its preferred stock. Here are the details of those dividends:

1. Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (CUSIP# 446150500)
- Cash Dividend: $18.15897183 per share (equivalent to $0.453974296 per depositary receipt share)
- Payment Date: April 15, 2025
- Record Date: April 1, 2025

2. 5.625% Series F Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP# 446150AT1)
- Cash Dividend: $1,406.25 per share (equivalent to $14.0625 per depositary share)

3. 4.450% Series G Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP# 446150AV6)
- Cash Dividend: $1,112.50 per share (equivalent to $11.1250 per depositary share)

4. 4.5% Series H Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (Nasdaq HBANP)
- Cash Dividend: $11.25 per share (equivalent to $0.28125 per depositary share)

5. 6.875% Series J Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (Nasdaq HBANL)
- Cash Dividend: $17.19 per share (equivalent to $0.42975 per depositary share)

All five series of dividends are scheduled to be paid on April 15, 2025.

About Huntington Bancshares

Founded in 1866, Huntington Bancshares Incorporated is a major regional bank holding company, with assets amounting to $204 billion and headquartered in Columbus, Ohio. The Huntington National Bank and its affiliates are dedicated to providing a comprehensive range of banking services, including payments, wealth management, and risk management solutions to consumers, small and middle-market businesses. Operating 978 branches across 12 states, Huntington continues to expand its services while focusing on client satisfaction and community engagement. For further information, please visit Huntington.com.

Huntington Bancshares' proactive approach to dividend declarations showcases its focus on financial stability and commitment to rewarding its investors. As the financial landscape evolves, Huntington remains steadfast in its strategy to balance growth with shareholder returns.