Truist Declares Common and Preferred Stock Dividends

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Jan 26, 2021, 14:16 ET

CHARLOTTE, N.C., Jan. 26, 2021 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE: TFC) declared a regular quarterly cash dividend of $0.45 per common share, payable on March 1, 2021, to shareholders of record at the close of business on February 12, 2021.

The Board also declared regular cash dividends on the following series of preferred stock:

Series of Preferred Stock	Dividend per Share	Dividend per Depositary Share	Record Date	Payment Date
Series F Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q851)	$325.00	$0.325	February 12	March 1
Series G Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q844)	$325.00	$0.325	February 12	March 1
Series H Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q836)	$351.5625	$0.3515625	February 12	March 1
Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810)	$1,000.00	$0.25	February 12	March 15
Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6)	$1,000.00	$10.00	February 12⁽¹⁾	March 15
Series N Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAD1)	$600.00	$24.00	February 12	March 1⁽²⁾
Series O Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q745)	$328.125	$0.328125	February 12	March 1
Series Q Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAF6)	$892.50	$35.70	February 12	March 1⁽²⁾
Series R Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q695)	$296.875	$0.296875	February 12	March 1

Notes:

(1) In accordance with the Amended and Restated Declaration of Trust of SunTrust Preferred Capital I, the record date for the Preferred Purchase Securities representing fractional interests in shares of Series J preferred stock will be February 28, 2021.

(2) Dividends per share and dividends per depositary share for Series N and Series Q are declared and paid semiannually.

About Truist

Truist Financial Corporation is a purpose-driven financial services company committed to inspire and build better lives and communities. With the combined history of BB&T and SunTrust, Truist has leading market share in many high-growth markets in the country. The company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management. Headquartered in Charlotte, North Carolina, Truist is the sixth-largest commercial bank in the U.S. with total assets of $509 billion as of December 31, 2020. Truist Bank, Member FDIC. Learn more at Truist.com.

SOURCE Truist Financial Corporation