SunTrust Banks (STI) Tops Q1 EPS by 18c

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SunTrust Banks (STI) Declares $0.40 Quarterly Dividend; 2.4% Yield

April 24, 2018 4:43 PM EDT

SunTrust Banks (NYSE: STI) declared a quarterly dividend of $0.40 per share, or $1.6 annualized.

The dividend will be payable on June 15, 2018, to stockholders of record on May 31, 2018, with an ex-dividend date of May 30, 2018.

The annual yield on the dividend is 2.4 percent.

For a... More

April 23, 2018 5:53 AM EDT

(Updated - April 23, 2018 5:54 AM EDT)

(updated to correct price target)

Nomura/Instinet lowered its price target on SunTrust Banks (NYSE: STI) to $72.00 (from $77.00) while maintaining a Neutral rating.

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