Truist Financial Corporation Announces Quarterly Dividend for 5.25% DP Series Preferred Stock
Truist Financial Corporation has declared a quarterly dividend of $0.3282 per share for its 5.25% DP Series Preferred Stock (TFC.PR.O). The payment is scheduled to be distributed on December 1, with the ex-dividend date and record date both set for November 13. This announcement comes amid broader strategic shifts at Truist Financial, as the company continues efforts to divest noncore business units, including its insurance premium financing unit. These moves are part of a larger initiative to streamline operations and focus on core banking activities.
Tickers: $TFC
Topics: corporate governance dividend declaration preferred stock