HUNTINGTON BANCSHARES INC /MD/ 8-K
Research Summary
AI-generated summary
Huntington Bancshares Declares Series I Preferred Quarterly Dividend
What Happened
Huntington Bancshares Incorporated filed an 8-K on June 25, 2026 announcing that its Board declared and set aside a quarterly cash dividend on Huntington’s 5.70% Series I Non‑Cumulative Perpetual Preferred Stock (Nasdaq: HBANM). The dividend is $356.25 per preferred share (equivalent to $0.35625 per depositary share), payable September 1, 2026 to shareholders of record on August 15, 2026. A press release was attached as Exhibit 99.1.
Key Details
- Security: 5.70% Series I Non‑Cumulative Perpetual Preferred Stock (Nasdaq: HBANM)
- Dividend: $356.25 per preferred share (equivalent to $0.35625 per depositary share)
- Record date: August 15, 2026; Payment date: September 1, 2026
- Filing: Form 8‑K filed June 25, 2026; press release attached as Exhibit 99.1
Why It Matters
This is a routine cash dividend declaration for holders of Huntington’s Series I preferred shares and provides a scheduled income payment for those investors. Because the shares are non‑cumulative, any missed dividends would not accrue; this notice confirms the company is paying the declared quarter. The action applies to preferred/depositary shareholders and does not announce changes to common stock dividends or other corporate events.
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