Huntington Bancshares Incorporated Declares Quarterly Cash Dividend on Its Series A and B Preferred Stocks
COLUMBUS, Ohio--(BUSINESS WIRE)-- Huntington Bancshares Incorporated announced that the board of directors has declared a quarterly cash dividend on its 8.50% Series A Non-Cumulative Perpetual Convertible Preferred Stock (NASDAQ: HBANP) of $21.25 per share. The dividend is payable October 15, 2013, to shareholders of record on October 1, 2013. The board of directors also declared a quarterly cash dividend on its Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (CUSIP#: 446150500) of $7.42025352 per share (equivalent to $0.1855063 per depositary receipt share). The dividend is payable October 15, 2013, to shareholders of record on October 1, 2013.
About Huntington
Huntington Bancshares Incorporated is a $56
billion regional bank holding company headquartered in Columbus, Ohio.
The Huntington National Bank, founded in 1866, provides full-service
commercial and consumer banking services, mortgage banking services,
automobile financing, equipment leasing, investment management, trust
services, brokerage services, insurance service programs, and other
financial products and services. The principal markets for these
services are Huntington’s six-state banking franchise: Ohio, Michigan,
Pennsylvania, Indiana, West Virginia, and Kentucky. The primary
distribution channels include a banking network of more than 725
traditional branches and branches located in grocery stores. We also
have an array of alternative distribution channels including internet
and mobile banking, telephone banking, and more than 1,400 ATMs. Through
automotive dealership relationships within its six-state banking
franchise area and selected other Midwest and New England states,
Huntington also provides commercial banking services to the automotive
dealers and retail automobile financing for dealer customers.
Huntington Bancshares Incorporated
Analysts:
Todd
Beekman, 614-480-3878
todd.beekman@huntington.com
or
Mark
Muth, 614-480-4720
mark.muth@huntington.com
or
Media:
Maureen
Brown, 614-480-5512
maureen.brown@huntington.com
Source: Huntington Bancshares Incorporated
Released July 18, 2013