Huntington Bancshares Incorporated Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

SHAREHOLDERS' EQUITY (Tables)

SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2020

The following is a summary of Huntington’s non-cumulative, non-voting, perpetual preferred stock outstanding as of December 31, 2020.


(dollar amounts in millions, share amounts in thousands)
Series	Issuance Date	Total Shares Outstanding	Carrying Amount		Dividend Rate		Earliest Redemption Date

Series B	12/28/2011	35,500	$	23	3-mo. LIBOR + 270 bps		1/15/2017
Series D	3/21/2016	400,000	386		6.25	%	4/15/2021
Series D	5/5/2016	200,000	199		6.25		4/15/2021
Series C	8/16/2016	100,000	100		5.875		10/15/2021
Series E	2/27/2018	5,000	495		5.70		4/15/2023
Series F	5/27/2020	5,000	494		5.625		7/15/2030
Series G	8/3/2020	5,000	494		4.45		10/15/2027
Total		750,500	$	2,191

Dividends Declared

The following table presents the dividends declared for each series of Preferred shares for the years ended December 31, 2020, 2019, and 2018:


(amounts in millions, except per share data)	Cash Dividend Declared Per Share
Preferred Series			Amount ($)
Year Ended December 31, 2020
Series B	$	35.91	$	(1)
Series C	58.76		(6)
Series D	62.50		(37)
Series E	5,700.00		(29)
Series F	3,468.75		(17)
Series G	1,915.97		(10)
			$	(100)

Year Ended December 31, 2019
Series B	$	51.22	$	(2)
Series C	58.76		(6)
Series D	62.50		(37)
Series E	5,700.00		(29)


			$	(74)

Year Ended December 31, 2018
Series B	$	49.11	$	(3)
Series C	58.76		(6)
Series D	62.50		(37)
Series E	4,892.50		(24)


			$	(70)

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

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