BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Regions Financial Corporation (NYSE:RF) Board of Directors today declared the following cash dividends on its common shares, Series A preferred shares, Series B preferred shares, and Series C preferred shares:
- A cash dividend of $0.155 on each share of outstanding common stock, payable on July 1, 2020, to stockholders of record at the close of business on June 5, 2020.
- A cash dividend of $15.9375 per share of Series A Preferred Stock outstanding (equivalent to approximately $0.398438 per depositary share), payable on June 15, 2020, to stockholders of record at the close of business on June 1, 2020.
- A cash dividend of $15.9375 per share of Series B Preferred Stock outstanding (equivalent to approximately $0.398438 per depositary share), payable on June 15, 2020, to stockholders of record at the close of business on June 1, 2020.
- A cash dividend of $14.25 per share of Series C Preferred Stock (equivalent to approximately $0.35625 per depositary share), payable on May 15, 2020, to stockholders of record at the close of business on May 4, 2020.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $133 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, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,400 banking offices and 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.