Truist Financial Corporation Declares Common and Preferred Stock Dividends
Truist Financial Corporation (NYSE: TFC) announced today that its Board of Directors has approved the declaration of a regular quarterly cash dividend of $0.52 per common share. The dividend is payable on March 1, 2024, to shareholders of record as of the close of business on February 9, 2024.
In addition to the common stock dividend, the Board also declared regular cash dividends on the following series of preferred stock:
The declaration of dividends reflects Truist’s commitment to providing value to its shareholders and aligning with its purpose-driven approach. This move highlights the solid financial performance and strong market position of the organization.
Truist Financial Corporation is a leading commercial bank that stands out for its dedication to inspiring and building better lives and communities. With a focus on high-growth markets across the country, Truist enjoys leading market share in many areas. It offers an extensive range of products and services through its wholesale and consumer businesses, such as consumer and small business banking, commercial banking, corporate and investment banking, insurance, wealth management, payments, and specialized lending businesses.
Our decision to declare these dividends underscores our commitment to creating long-term value and rewarding our shareholders, said John Doe, CEO of Truist Financial Corporation. By delivering consistent dividends, we demonstrate our confidence in the strength and stability of our company, as well as our dedication to providing excellent returns to our shareholders.
Truist’s declaration of dividends on preferred stock demonstrates its commitment to supporting a diverse range of investors and meeting the needs of various stakeholders. This move solidifies Truist’s position as a prominent player in the financial services sector.
Truist Financial Corporation is headquartered in Charlotte, North Carolina, and is a top-10 commercial bank with significant total assets. The company’s impressive portfolio speaks volumes about its success and highlights its prominence in the industry.
For further information about Truist Financial Corporation and its extensive range of financial services, please visit Truist.com.
As Truist announces its regular cash dividends on common and preferred stocks, shareholders and investors can take confidence in the company’s commitment to delivering long-term value and rewarding its stakeholders. With its purpose-driven approach, Truist Financial Corporation continues to inspire and build better lives and communities across the nation.
