Huntington Bancshares Incorporated Announces Increase to Quarterly Cash Dividend on its Common Stock and Declares Quarterly Cash Dividends on its Preferred Stocks

COLUMBUS, Ohio, Oct. 22, 2021 /PRNewswire/ -- Huntington Bancshares Incorporated (www.huntington.com) announced that the Board of Directors declared a quarterly cash dividend on the company's common stock (Nasdaq: HBAN) of $0.155 per common share, up $0.005, or 3%, from the prior quarter.  The common stock cash dividend is payable on January 3, 2022, to shareholders of record on December 17, 2021.

"The Board is pleased to announce an increase to our common stock dividend as part of our capital allocation strategy," said Steve Steinour, chairman, president, and CEO. "The dividend increase, coupled with our share repurchase authorization, reflects our confidence in the outlook for Huntington as well as our strong capital levels upon completion of the TCF acquisition.  We remain committed to our stated capital priorities including funding organic growth, growing the dividend over time, and other uses of capital including share repurchases."

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