Regions Financial Corporation Increases Quarterly Common Dividend and Declares Preferred Stock Dividends
The Regions Financial Corporation (NYSE:RF) Board of Directors today voted to increase its quarterly common dividend to be paid in October 2023.
- The Regions Financial Corporation (NYSE:RF) Board of Directors today voted to increase its quarterly common dividend to be paid in October 2023.
- The Board also declared cash dividends on its Series B preferred shares, Series C preferred shares, Series D preferred shares and Series E preferred shares.
- The dividend of $0.24 represents a 20% increase over Regions’ previous quarterly common dividend.
- A cash dividend of $15.9375 per share of Series B Preferred Stock (equivalent to approximately $0.398438 per depositary share), payable on Sept. 15, 2023, to stockholders of record at the close of business on Sept. 1, 2023.