News Column

Huntington Bancshares Incorporated Declares Quarterly Cash Dividend on Its Series A and B Preferred Stocks

July 18, 2014



COLUMBUS, Ohio--(BUSINESS WIRE)-- Huntington Bancshares Incorporated announced that the board of directors has declared a quarterly cash dividend on its 8.50% Series A Non-Cumulative Perpetual Convertible Preferred Stock (NASDAQ: HBANP) of $21.25 per share. The dividend is payable October 15, 2014, to shareholders of record on October 1, 2014. The board of directors also declared a quarterly cash dividend on its Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150500) of $7.3340000 per share (equivalent to $0.1833500 per depositary receipt share). The dividend is payable October 15, 2014, to shareholders of record on October 1, 2014.

About Huntington

Huntington Bancshares Incorporated is a $64 billion asset regional bank holding company headquartered in Columbus, Ohio. The Huntington National Bank, founded in 1866, and its affiliates provide full-service commercial, small business, and consumer banking services; mortgage banking services; treasury management and foreign exchange services; equipment leasing; wealth and investment management services; trust services; brokerage services; customized insurance brokerage and service programs; and other financial products and services. The principal markets for these services are Huntington’s six-state retail banking franchise: Ohio, Michigan, Pennsylvania, Indiana, West Virginia, and Kentucky. The primary distribution channels include a banking network of more than 700 traditional branches and convenience branches located in grocery stores and retirement centers, and through an array of alternative distribution channels including internet and mobile banking, telephone banking, and more than 1,500 ATMs. Through automotive dealership relationships within its six-state retail banking franchise area and selected other Midwest and New England states, Huntington also provides commercial banking services to the automotive dealers and retail automobile financing for dealer customers.



Huntington Bancshares Incorporated

Analysts:

Todd Beekman, 614-480-3878

todd.beekman@huntington.com

or

Mark Muth, 614-480-4720

mark.muth@huntington.com

or

Media:

Maureen Brown, 614-480-5512

maureen.brown@huntington.com

Source: Huntington Bancshares Incorporated


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Business Wire


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters