The $0.3562 payout on RF.PR.C shares yields 5.83% and is set for August 17 distribution.
Regions Financial Corp has declared a $0.3562 per share quarterly dividend for its Depositary Shares Representing Non-Cumulative Perpetual Preferred Shares Series C (RF.PR.C). The dividend offers a forward yield of 5.83% based on current pricing.
The payout is payable on August 17 to shareholders of record as of August 3, with an ex-dividend date also set for August 3. The company’s prior dividend for this series was consistent with its established quarterly distribution pattern.
No immediate market reaction was specified following the announcement.