SunTrust Banks release quarterly cash dividends
SunTrust Banks Inc. has announced a regular quarterly cash dividend of $0.40 per common share.
Declared by its board of directors, the dividends were payable June 15 to common shareholders of record at the close of business last May 31. The following dividends were likewise declared by the board, which were payable in cash, effective June 15 to preferred shareholders of record at the close of business on May 31.
1. A quarterly cash dividend of $1,022.22 per share on SunTrust's Perpetual Preferred Stock, Series A ($100,000 liquidation preference per share). The amount of the dividend on each Series A Depositary Share ($25 liquidation preference per share) will be $0.255;
2. A quarterly cash dividend of $1,022.22 per share on SunTrust's Perpetual Preferred Stock, Series B ($100,000 liquidation preference per share);
3. A semi-annual cash dividend of $2,812.50 per share on SunTrust's Perpetual Preferred Stock, Series F ($100,000 liquidation preference per share). The amount of the dividend on each Series F Depositary Share ($1,000 liquidation preference per share) will be $28.12;
4. A semi-annual cash dividend of $2,525.00 per share on SunTrust's Perpetual Preferred Stock, Series G ($100,000 liquidation preference per share). The amount of the dividend on each Series G Depositary Share ($1,000 liquidation preference per share) will be $25.25; and
5. A semi-annual cash dividend of $3,003.82 per share on SunTrust's Perpetual Preferred Stock, Series H ($100,000 liquidation preference per share). The amount of the dividend on each Series H Depositary Share ($1,000 liquidation preference per share) will be $30.04.
Refer here for the precise amounts of stock dividends or contact Hugh Suhr at 404-827-6813 for further information.