BIRMINGHAM, Ala.--(BUSINESS WIRE)--
The Regions Financial Corporation (NYSE:RF) Board of Directors today
voted to increase the quarterly common stock dividend approximately 56
percent to $0.14 per share and declared the following cash dividends on
its common shares, Series A preferred shares, and Series B preferred
shares:
-
A cash dividend of $0.14 on each share of outstanding common stock,
payable on October 1, 2018, to stockholders of record at the close of
business on September 7, 2018.
-
A cash dividend of $15.9375 per share of Series A Preferred Stock
outstanding (equivalent to approximately $0.398438 per depositary
share), payable on September 17, 2018, to stockholders of record at
the close of business on August 31, 2018.
-
A cash dividend of $15.9375 per share of Series B Preferred Stock
outstanding (equivalent to approximately $0.398438 per depositary
share), payable on September 17, 2018, to stockholders of record at
the close of business on August 31, 2018.
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, and mortgage 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 2,000 ATMs.
Additional information about Regions and its full line of products and
services can be found at www.regions.com.
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Regions Financial Corporation
Media:
Evelyn Mitchell,
205-264-4551
or
Investor Relations:
Dana Nolan,
205-264-7040
Source: Regions Financial Corporation