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, and Series B preferred shares:
-
A quarterly cash dividend of 5 cents per common share, payable October
1, 2014, to stockholders of record as of September 12, 2014.
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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. Each outstanding
share of the Series A Preferred Stock is represented by depositary
shares, each representing a 1/40th interest in a share of Series A
Preferred Stock. The dividend will be paid on September 15, 2014, to
stockholders of record at the close of business on August 29, 2014.
-
A quarterly cash dividend of $24.083333 per share (equivalent to
approximately $0.602083 per depositary share) on the 6.375%
Non-Cumulative Perpetual Preferred Stock, Series B. Each outstanding
share of the Series B Preferred Stock is represented by depositary
shares, each representing a 1/40th interest in a share of Series B
Preferred Stock. The dividend will be paid on September 15, 2014, to
stockholders of record at the close of business on August 29, 2014.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $118 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 in 16 states across the South, Midwest and Texas, and
through its subsidiary, Regions Bank, operates approximately 1,700
banking offices and 2,000 ATMs. Additional information about Regions and
its full line of products and services can be found at www.regions.com.
Regions Financial Corporation
Media Contact:
Jeremy King,
205-264-4551
www.regionsbanknews.com
Regions
News on Twitter: @RegionsNews
or
Investor
Relations Contacts:
List Underwood, 205-801-0265
or
Dana
Nolan, 205-801-0265
Source: Regions Financial Corporation
News Provided by Acquire Media
