News Releases

Truist Declares Quarterly Stock Dividends

CHARLOTTE, N.C., April 28, 2020 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation declared a regular quarterly cash dividend of $0.45 per common share, payable on June 1, 2020, to shareholders of record at the close of business on May 15, 2020.  Truist has paid a cash dividend to shareholders of its common stock every year since 1903.

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

Non-Cumulative Perpetual
Preferred Stock, Series F
(CUSIP 89832Q851)

$325.00

$0.325

May 15

June 1

Non-Cumulative Perpetual
Preferred Stock, Series G
(CUSIP 89832Q844)

$325.00

$0.325

May 15

June 1

Non-Cumulative Perpetual
Preferred Stock, Series H
(CUSIP 89832Q836)

$351.5625

$0.3515625

May 15

June 1

Non-Cumulative Perpetual
Preferred Stock, Series I
(CUSIP 89832Q810)

$1,022.22222(1)

$0.25556(1)

May 15

June 15

Non-Cumulative Perpetual
Preferred Stock, Series J
(CUSIP 86800XAA6)

$1,022.22222(1)

$10.22222(1)

May 15(2)

June 15

Non-Cumulative Perpetual
Preferred Stock, Series L

(CUSIP 89832QAB5)

$2,525.00

$25.25

May 15

June 15(3)

Non-Cumulative Perpetual
Preferred Stock, Series M

(CUSIP 89832QAC3)

$2,562.50

$25.625

May 15

June 15(3)

 

Notes:


(1)

Dividends per share and dividends per depositary share for Series I and J are rounded to the hundred-thousandths position for the convenience of the reader.  The unrounded dividends per share and dividends per depositary share for Series I are $1,022.22222222222222 and $0.25555555555556, respectively.  The unrounded dividends per share and dividends per depositary share for Series J are $1,022.22222222222222 and $10.22222222222222, respectively.

(2)

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 May 31, 2020.

(3)

Dividends per share and dividends per depositary share for Series L and M are declared and paid semiannually.

About Truist
Truist Financial Corporation (NYSE: TFC) is a purpose-driven financial services company committed to inspire and build better lives and communities. With 275 years of combined BB&T and SunTrust history, Truist serves approximately 12 million households with 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 $506 billion as of March 31, 2020. Truist Bank, Member FDIC. Learn more at Truist.com.

SOURCE Truist Financial Corporation

For further information: Investors, Ryan Richards, 980-465-5000, investors@truist.com; Media, Shelley Miller, 704-692-1518, media@truist.com

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