SunTrust Banks (STI) Raises Quarterly Dividend 8.3% to $0.26; 2.4% Yield

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Go back to SunTrust Banks (STI) Raises Quarterly Dividend 8.3% to $0.26; 2.4% Yield

SunTrust Announces Increase in Common Stock Dividend

August 9, 2016 1:55 PM EDT

ATLANTA, Aug. 9, 2016 /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 $0.26 per common share was declared payable on September 15, 2016, to shareholders of record at the close of business on August 31, 2016.  The previous quarterly dividend was $0.24.

The board of directors also declared the following... More