Truist Financial Corporation Declares Quarterly Cash Dividends for Stockholders
Truist Financial Declares Quarterly Dividends
On April 29, 2025, Truist Financial Corporation's Board of Directors announced a significant decision regarding shareholder returns. The board declared a regular quarterly cash dividend of $0.52 per common share. This dividend is set to be paid on June 2, 2025, to all shareholders recorded by the end of the business day on May 9, 2025. This action reflects Truist's ongoing commitment to providing solid returns to its investors and underlines the company's resilience and stability in the current financial landscape.
In addition to the dividend on common shares, the Truist board announced dividends for various series of preferred stock, with distinct payment dates and amounts outlined below:
| Series of Preferred Stock | Dividend per Share | Record Date | Payment Date |
|---|---|---|---|
| ------------ | ----- | --- | ---- |
| Series I Non-Cumulative Perpetual Preferred Stock | $1,286.86386 | May 9 | June 16 |
| Series J Non-Cumulative Perpetual Preferred Stock | $1,315.93331 | May 9 | June 16 |
| Series M Non-Cumulative Perpetual Preferred Stock | $2,562.50 | May 9 | June 16 |
| Series O Non-Cumulative Perpetual Preferred Stock | $328.125 | May 9 | June 2 |
| Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred | $618.75 | May 9 | June 2 |
| Series R Non-Cumulative Perpetual Preferred Stock | $296.875 | May 9 | June 2 |
As detailed in the announcements, various series of preferred stock will have differing dividend amounts and payment schedules, illuminating Truist's structured approach to shareholder benefits. It's important to note that the record date for Series J will require shareholders to note a specific date of May 31, 2025, for proper eligibility.
These dividends come at a time when Truist Financial Corporation continues to show its purpose-driven approach to financial services. The company, which is headquartered in Charlotte, North Carolina, stands as a leading commercial bank with assets amounting to $536 billion as of March 31, 2025. It offers a wide array of financial products and services ranging from consumer banking to investment and wealth management, thus catering to a diverse clientele.
Truist’s ongoing commitment to enhancing stakeholder value is evident in their consistent dividend payout strategy. By distributing dividends at this level, they not only reward existing shareholders but also signal confidence to potential investors in the strength of their business model. This proactive stance underlines the bank's goal of inspiring better lives and building prosperous communities across its markets.
In summary, the declaration of these dividends reaffirms Truist's dedication to its investors and serves to bolster trust and engagement from shareholders. As the payment dates approach, investors will likely keep a close watch on Truist's continuous financial performance and market strategies that contribute to their overall valuation. With this decision, Truist is set to further strengthen its reputation within the financial landscape, ensuring a steadfast commitment to its stakeholders and fostering a thriving economic environment.
For more information, visit Truist.com.
Topics Financial Services & Investing）
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