SunTrust Banks (STI) Declares $0.40 Quarterly Dividend; 2.8% Yield

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SunTrust Board Approves Increase in Common Stock Dividend

August 8, 2017 4:15 PM EDT

ATLANTA, Aug. 8, 2017 /PRNewswire/ -- The board of directors of SunTrust Banks, Inc. (NYSE: STI) today approved an increase in the dividend on SunTrust common stock.  A quarterly cash dividend of $0.40 per common share was declared payable on September 15, 2017, to shareholders of record at the close of business on August 31, 2017. The previous quarterly dividend was $0.26.

The board of directors also... More