The Regions Financial Corporation (NYSE:RF) Board of Directors today
declared the following cash dividends on its common shares, Series A
preferred shares, and Series B preferred shares:
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A quarterly cash dividend of $0.065 per common share, an increase of
8.3 percent or $0.005, payable on July 1, 2016, to stockholders of
record at the close of business on June 10, 2016. The dividend is
being paid pursuant to Regions’ 2015 capital plan that was not
objected to by the Federal Reserve.
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A quarterly cash dividend of $15.9375 per share (equivalent to
approximately $0.398438 per depositary share) on the 6.375%
Non-Cumulative Perpetual Preferred Stock, Series A, payable on June
15, 2016, to stockholders of record at the close of business on June
1, 2016.
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A quarterly cash dividend of $15.9375 per share (equivalent to
approximately $0.398438 per depositary share) on the 6.375%
Non-Cumulative Perpetual Preferred Stock, Series B, payable on June
15, 2016, to stockholders of record at the close of business on June
1, 2016.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $126 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, mortgage, and insurance products and services. Regions
serves customers across the South, Midwest and Texas, and through its
subsidiary, Regions Bank, operates approximately 1,600 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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