HUNTINGTON BANCSHARES INC - 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by Huntington Bancshares Incorporated on January 17, 2025. The filing reports the declaration of quarterly cash dividends by the Board of Directors for the company's common stock and five series of preferred stock.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. It focuses exclusively on dividend declarations.
Material Changes
The quarterly cash dividend on common stock is unchanged from the prior quarter at $0.155 per share. No other material changes to financial performance or capital structure are disclosed in this report.
Guidance, Outlook, and Management Commentary
The filing contains no forward-looking guidance, management commentary on future performance, or discussion of risks and contingencies beyond the standard dividend announcement.
Dividend Declaration Details
- Common Stock: $0.155 per share. Payable April 1, 2025, to shareholders of record on March 18, 2025.
- Preferred Stock Series B (Floating Rate): $18.15897183 per share ($0.453974296 per depositary receipt share).
- Preferred Stock Series F (5.625% Fixed-Rate Reset): $1,406.25 per share ($14.0625 per depositary share).
- Preferred Stock Series G (4.450% Fixed-Rate Reset): $1,112.50 per share ($11.1250 per depositary share).
- Preferred Stock Series H (4.5% Fixed-Rate Reset): $11.25 per share ($0.28125 per depositary share).
- Preferred Stock Series J (6.875% Fixed-Rate Reset): $17.19 per share ($0.42975 per depositary share).
All preferred stock dividends are payable on April 15, 2025, to shareholders of record on April 1, 2025.
Investor Verification Checklist
- Verify the record dates (March 18, 2025 for common; April 1, 2025 for preferred) to ensure eligibility for the upcoming payments.
- Confirm the payment dates (April 1, 2025 for common; April 15, 2025 for preferred) for cash flow planning.
- Note that the common dividend rate remains flat at $0.155 per share compared to the previous quarter.
- Review the specific CUSIP numbers for preferred stock series if holding specific tranches.