SunTrust Banks (STI) Declares $0.24 Quarterly Dividend; 2.3% Yield

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SunTrust Announces Increase in Common Stock Dividend

April 28, 2015 12:25 PM EDT

ATLANTA, April 28, 2015 /PRNewswire/ -- The Board of Directors of SunTrust Banks, Inc. (NYSE: STI) today announced an increase in the dividend on SunTrust common stock.  A quarterly cash dividend of $0.24 per common share was declared payable on June 15, 2015, to shareholders of record at the close of business on May 29, 2015.  The previous quarterly dividend was $0.20.

The Board of Directors also declared the... More