Huntington Bancshares Announces Quarterly Dividend on Series I Preferred Stock

Huntington Bancshares Announces Quarterly Dividend

Huntington Bancshares Incorporated, a prominent regional banking institution, has officially declared a quarterly cash dividend on its Series I Preferred Stock. This announcement, made on March 31, 2025, reflects the bank's ongoing dedication to providing value to its shareholders.

The Board of Directors has set an exciting rate of 5.70% on the Series I Non-Cumulative Perpetual Preferred Stock, translating to a dividend payout of $356.25 per share, equivalent to $0.35625 per depositary share. Shareholders who are on record as of May 15, 2025, will receive this dividend, which will be payable on June 2, 2025. This commitment to regular dividends underscores Huntington's robust financial health and proactive shareholder-oriented strategy.

Founded in 1866, Huntington Bancshares has established itself as a reliable player in the banking sector, managing assets totaling approximately $204 billion. Headquartered in Columbus, Ohio, the bank operates 978 branches across 12 states, effectively serving a diverse clientele that includes consumers, small to mid-market businesses, and corporations.

The Series I Preferred Stock has proven attractive to investors seeking reliable income through a steady dividend flow, particularly in an economic landscape where stability is increasingly valued. Huntington’s ability to sustain dividends may also reflect its robust balance sheet and operational performance, which continue to support growth strategies and risk management initiatives.

In recent years, Huntington has expanded its service offerings to encompass a wide array of financial solutions. Including banking, payments, and wealth management products tailored to meet the needs of its customers. Such diversification has allowed the bank to cushion itself against market fluctuations, emphasizing the solid foundations on which its dividend policies are built.

What makes Huntington distinct in the banking sector is not just its size or range of services, but its commitment to community and customer service. The bank plays an essential role in the local economies of the areas it serves, investing in community programs and ensuring its practices are aligned with social responsibility.

This most recent dividend declaration illustrates how Huntington Bancshares balances profit-driven motives with commitments to its investors and community responsibilities. Investors will likely take comfort in the regular dividends as a signal of financial stability and effective management practices. Furthermore, looking ahead, the financial community will be watching for how Huntington navigates the ongoing economic challenges and opportunities, with the expectation that it will continue to deliver returns for its shareholders.

For more information on Huntington Bancshares, including its products and services, visit www.huntington.com.

In conclusion, the declaration of this cash dividend on the Series I Preferred Stock demonstrates Huntington Bancshares Incorporated's dedication to its shareholders while continuing to grow as a significant entity in the financial services industry. As investors gear up for the upcoming dividend payment, the bank's solid foundation and commitment to excellence remain clear.