Regions Financial (RF) Raises Quarterly Dividend 28.6% to $0.09; 2.5% Yield
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Regions Financial Increases Quarterly Cash Dividend Approximately 29 Percent to $0.09 Per Share; Adopts Proxy Access By-Law Amendment
July 27, 2017 4:30 PM EDTBIRMINGHAM, Ala.--(BUSINESS WIRE)-- The Regions Financial Corporation (NYSE: RF) Board of Directors today voted to increase the quarterly common stock dividend approximately 29 percent to $0.09 per share and declared the following cash dividends on its common shares, Series A preferred shares, and Series B preferred shares:
A cash dividend of $0.09, an increase of 28.57 percent or $0.02 on each share of outstanding common stock, payable on September 29, 2017, to stockholders of record at the close of business on September 8, 2017. A cash dividend of $15.9375 per share of Series A Preferred Stock outstanding... More