News Releases

Truist Declares Common and Preferred Stock Dividends

CHARLOTTE, N.C., April 27, 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 June 1, 2021, to shareholders of record at the close of business on May 14, 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 H Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q836)

$351.5625

$0.3515625

May 14

June 1

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

$1,022.22222(1)

$0.25556(1)

May 14

June 15

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

$1,022.22222(1)

$10.22222(1)

May 14(2)

June 15

Series L Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAB5)

$2,525.00

$25.25

May 14

June 15(3)

Series M Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAC3)

$2,562.50

$25.625

May 14

June 15(3)

Series O Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q745)

$328.125

$0.328125

May 14

June 1

Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAE9)

$618.75

$24.75

May 14

June 1(3)

Series R Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q695)

$296.875

$0.296875

May 14

June 1


Notes:

(1)

In the table, dividends per share and dividends per depositary share for Series I and Series J are rounded to the hundred-thousandths position for the convenience of the reader.  Rounded to the fourteenth decimal place, the dividend per share and dividend per depositary share for Series I are $1,022.22222222222222 and $0.25555555555556, respectively.  Rounded to the fourteenth decimal place, the dividend per share and dividend 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, 2021.

(3)

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

About Truist
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Formed by the historic merger of equals 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 $518 billion as of March 31, 2021. Truist Bank, Member FDIC. Learn more at Truist.com.

SOURCE Truist Financial Corporation

For further information: Contacts: Investors: Aaron Reeves, 336-733-2874 | investors@truist.com, Alan Greer, 336-733-3021 | investors@truist.com, Media: Shelley Miller, 704-692-1518 | media@truist.com