Huntington Bancshares Incorporated announced on March 30 that its Board of Directors has declared quarterly cash dividends for its Series I and Series L Non-Cumulative Perpetual Preferred Stock. The dividend for the 5.70% Series I Preferred Stock (Nasdaq: HBANM) is set at $356.25 per share, or $0.35625 per depositary share, payable June 1 to shareholders of record as of May 15. For the 5.50% Series L Preferred Stock (Nasdaq: HBANZ), the dividend will be $343.75 per share, or $0.34375 per depositary share, payable May 20 to shareholders of record as of April 30.
The announcement is significant for investors who hold these classes of Huntington’s preferred stock, providing them with updated information on upcoming payments and relevant dates.
Huntington Bancshares Incorporated is a regional bank holding company with assets totaling $279 billion and is headquartered in Columbus, Ohio. Founded in 1866, it operates nearly 1,400 branches across 21 states and offers a wide range of banking services to consumers and businesses.
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