Huntington Bancshares Declares Quarterly Dividend for Preferred Shares
Huntington Bancshares Incorporated has declared a quarterly dividend of $0.4298 per share on its 6.875% DEP PFD J preferred shares (ticker: HBANL). The forward yield is calculated at approximately 6.88%. Shareholders of record as of October 1 will receive the payment, which is scheduled for distribution on October 15. This dividend declaration aligns with Huntington's ongoing commitment to its shareholders and reflects stability in its preferred stock offering. The announcement comes amid a backdrop where Huntington Bancshares has outlined an updated earnings outlook for fiscal year 2027, projecting EPS of $1.90 to $1.93 while targeting return on tangible common equity (ROTCE) between 18% and 19%. Despite a recent decline in Q2 margin due to funding costs, the company has maintained its overall earnings outlook for 2026.
Tickers: $HBAN