Huntington Bancshares Declares Quarterly Dividend for Preferred Shares
Huntington Bancshares Incorporated has declared a quarterly dividend of $0.2812 per share on its 4.500% DEP PFD H preferred shares (HBANP). The ex-dividend date is October 1, with the payment scheduled for October 15 to shareholders recorded as of September 30. The forward yield based on this dividend stands at approximately 6.99%, which could attract income-focused investors seeking stable returns from financial sector equities. This announcement comes amid broader discussions about Huntington's improving fundamentals and technicals, with the company projecting an earnings per share (EPS) of $1.90 to $1.93 for 2027 while targeting a return on tangible common equity (ROTCE) between 18% and 19%. Despite recent challenges such as declining Q2 margins due to funding costs, Huntington has maintained its outlook for the remainder of 2026.
Tickers: $HBAN