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Category: News

Regions Financial Corporation Increases Quarterly Common Stock Dividend 8.3 Percent to $0.065 Per Share; Declares Quarterly Cash Dividend on Preferred Shares

The Regions Financial Corporation Board of Directors declare the following cash dividends on common shares, Series A preferred shares, and Series B preferred shares

BIRMINGHAM, Ala. – The Regions Financial Corporation 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 $0.065 per common share, an increase of 8.3 percent or $0.005, payable on July 1, 2016, to stockholders of record at the close of business on June 10, 2016. The dividend is being paid pursuant to Regions’ 2015 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, 2016, to stockholders of record at the close of business on June 1, 2016.
  • 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, 2016, to stockholders of record at the close of business on June 1, 2016.