Truist Financial Corporation Announces Regular Cash Dividends for Shareholders
Truist Financial Corporation Declares Cash Dividends
On January 28, 2025, Truist Financial Corporation (NYSE: TFC) announced an important decision from its Board of Directors regarding the dividend issuance for the upcoming months. The leaders of Truist have declared a quarterly cash dividend of $0.52 per common share, demonstrating the company’s ongoing commitment to enriching shareholder value.
This dividend will be payable on March 3, 2025, for shareholders who recorded their investment by the close of business on February 14, 2025. Shareholders can expect the funds to be deposited accordingly, enhancing investor confidence in the company’s financial health and operational success.
In addition to the common stock dividends, the Board also declared cash dividends for several series of preferred stocks, further showcasing Truist's commitment to its diversified investor base. Below is a summary of the preferred stock dividends:
| Preferred Stock Series | Dividend per Share | Dividend per Depositary Share | Record Date | Payment Date |
|---|---|---|---|---|
| ------ | ---- | ------ | --- | ------ |
| Series I Non-Cumulative | $1,301.85 | $0.32546 | Feb. 14 | Mar. 17 |
| Series J Non-Cumulative | $1,330.92 | $13.31 | Feb. 14 | Mar. 17 |
| Series N Non-Cumulative | $833.63 | $33.35 | Feb. 14 | Mar. 3 |
| Series O Non-Cumulative | $328.13 | $0.33 | Feb. 14 | Mar. 3 |
| Series Q Non-Cumulative | $637.50 | $25.50 | Feb. 14 | Mar. 3 |
| Series R Non-Cumulative | $296.88 | $0.30 | Feb. 14 | Mar. 3 |
These payments represent a blend of strategies aimed at ensuring a return on investment for both common and preferred shareholders. It’s crucial to note that the declared dividends are set under specific terms that reflect the company’s robust performance and strategic financial management.
Truist, being headquartered in Charlotte, North Carolina, maintains a prominent role in the financial services landscape, with a total asset portfolio amounting to $531 billion, as of the end of 2024. The firm emphasizes building better lives and communities through its comprehensive range of personal, business, and investment banking products.
As a pivotal player in the U.S. commercial banking sector, Truist continues to make strides in the market, showcasing its leadership in various high-growth areas across the country. The dividend announcement emerges as a testament to the company’s operational integrity and commitment to rewarding its investors amid a dynamic economic environment.
In conclusion, with the upcoming payments, Truist Financial Corporation not only reinforces its assurance to its shareholders against the backdrop of ever-changing economic landscapes but also strengthens its reputation within the financial community. Investors take note of the dates, as ensuring your shares are settled before the record date is vital for participating in this dividend opportunity. For further insights about the company's performance and ongoing initiatives, visit Truist.com.
Topics Financial Services & Investing）
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