01—Abstract
Summary
Summary of the 8-K filed January 17, 2025. Cited figures are marked; the original filing is the authoritative source.
Huntington Bancshares Incorporated announced on January 17, 2025 that its Board of Directors declared a quarterly cash dividend of $0.155a per common share, unchanged from the prior quarter.
The common stock dividend is payable April 1, 2025, to shareholders of record on March 18, 2025. The Board also declared quarterly cash dividends on five series of preferred stock: the Floating Rate Series B, 5.625%b Series F, 4.450% Series G, 4.5% Series H (Nasdaq: HBANP), and 6.875% Series J (Nasdaq: HBANL). All five preferred dividends are payable April 15, 2025, to shareholders of record on April 1, 2025.
Per-share and per-depositary-share amounts are stated for each series in the filing. The filing is a routine Item 8.01 disclosure furnishing a news release (Exhibit 99.1) on the dividend declarations. The release describes Huntington as a $204 billionc asset regional bank holding company headquartered in Columbus, Ohio, operating 978 branches in 12 states.
02—Key points
Key Highlights
- Common stock quarterly cash dividend declared at $0.155 per share, unchanged from the prior quarter
- Common dividend payable April 1, 2025, to shareholders of record on March 18, 2025
- Quarterly dividends declared on five preferred stock series, all payable April 15, 2025, to holders of record on April 1, 2025
- Floating Rate Series B preferred dividend of $18.15897183 per share ($0.453974296 per depositary receipt share)
- Series F (5.625%) dividend of $1,406.25 per share ($14.0625 per depositary share); Series G (4.450%) dividend of $1,112.50 per share ($11.1250 per depositary share)
- Series H (4.5%, HBANP) dividend of $11.25 per share ($0.28125 per depositary share); Series J (6.875%, HBANL) dividend of $17.19 per share ($0.42975 per depositary share)
- Huntington is described as a $204 billion asset regional bank holding company with 978 branches in 12 states
03—Questions
Frequently Asked Questions
How much is Huntington's common stock dividend and when is it paid?
The Board declared a quarterly cash dividend of $0.155 per common share, unchanged from the prior quarter. It is payable April 1, 2025, to shareholders of record on March 18, 2025.
When are the preferred stock dividends payable?
All five preferred stock quarterly cash dividends are payable April 15, 2025, to shareholders of record on April 1, 2025.
What dividends were declared on Huntington's preferred stock?
Quarterly cash dividends were declared on the Floating Rate Series B ($18.15897183 per share), 5.625% Series F ($1,406.25 per share), 4.450% Series G ($1,112.50 per share), 4.5% Series H ($11.25 per share), and 6.875% Series J ($17.19 per share) preferred stock. Per depositary share amounts are also stated in the filing.
Did the common stock dividend change from the prior quarter?
No. The $0.155 per share common dividend is unchanged from the prior quarter.
Where can investors find more details on this announcement?
The filing attaches a news release dated January 17, 2025 as Exhibit 99.1, which contains the full dividend declarations and a description of the company.
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