ATLANTA, Aug. 11, 2015 /PRNewswire/ -- The board of directors of SunTrust Banks, Inc. (NYSE: STI) has declared a regular quarterly cash dividend of $0.24 per common share. The dividend is payable on September 15, 2015, to shareholders of record at the close of business on August 31, 2015.
The board of directors also declared the following dividends payable in cash on September 15, 2015, to shareholders of record at the close of business on August 31, 2015:
- a quarterly cash dividend of $1,022.22* per share on SunTrust's Perpetual Preferred Stock, Series A;
- a quarterly cash dividend of $1,022.22* per share on SunTrust's Perpetual Preferred Stock, Series B; and
- a quarterly cash dividend of $1,468.75 per share on SunTrust's Perpetual Preferred Stock, Series E.
About SunTrust Banks, Inc. SunTrust Banks, Inc., one of the nation's largest financial services organizations, is dedicated to Lighting the Way to Financial Well-Being for its clients and communities. Headquartered in Atlanta, the company serves a broad range of consumer, commercial, corporate and institutional clients. As of June 30, 2015, SunTrust had total assets of $188.9 billion and total deposits of $144.9 billion. Through its flagship subsidiary, SunTrust Bank, the company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic States and a full array of technology-based, 24-hour delivery channels. The company also serves clients in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through its various subsidiaries, the company provides mortgage banking, asset management, securities brokerage, and capital market services. SunTrust's Internet address is suntrust.com.
* Editor's Note: The preferred stock dividend has been rounded for reader convenience. The precise amount is $1,022.22222222222.
SOURCE SunTrust Banks, Inc.