The Regions Financial Corporation (NYSE:RF) Board of Directors today declared the following cash dividends on its common shares, Series A preferred shares, and Series B preferred shares:
- A quarterly cash dividend of $0.07 per common share, an increase of 7.7 percent or $0.005, payable on June 30, 2017, to stockholders of record at the close of business on June 9, 2017. The dividend is being paid pursuant to Regions’ 2016 capital plan that was not objected to by the Federal Reserve.
- A quarterly cash dividend of $15.9375 per share (equivalent to approximately $0.398438 per depositary share) on the 6.375% Non-Cumulative Perpetual Preferred Stock, Series A, payable on June 15, 2017, to stockholders of record at the close of business on June 1, 2017.
- A quarterly cash dividend of $15.9375 per share (equivalent to approximately $0.398438 per depositary share) on the 6.375% Non-Cumulative Perpetual Preferred Stock, Series B, payable on June 15, 2017, to stockholders of record at the close of business on June 1, 2017.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $125 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, mortgage, and insurance products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,500 banking offices and 1,900 ATMs. Additional information about Regions and its full line of products and services can be found at www.regions.com.