SunTrust Banks (STI) Raises Quarterly Dividend 25% to $0.50; 2.7% Yield

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SunTrust Board Approves Increase in Common Stock Dividend

August 14, 2018 4:15 PM EDT

ATLANTA, Aug. 14, 2018 /PRNewswire/ -- The board of directors of SunTrust Banks, Inc. (NYSE: STI) has declared a regular quarterly cash dividend of $0.50 per common share.  The dividend is payable on September 17, 2018, to common shareholders of record at the close of business on August 31, 2018. 

The board of directors also declared the following dividends payable in cash on September 17, 2018, to preferred... More