Business Wire | Feb 3, 2021 04:30PM EST

Regions Financial Corporation Declares Quarterly Common and Preferred Stock Dividends

Feb. 03, 2021

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Feb. 03, 2021--The Regions Financial Corporation (NYSE:RF) Board of Directors today declared the following cash dividends on its common shares, Series A preferred shares, Series B preferred shares and Series D preferred shares:

* A cash dividend of $0.155 on each share of outstanding common stock of the Company, payable on April 1, 2021, to stockholders of record at the close of business on March 5, 2021. * A cash dividend of $15.9375 per share of Series A Preferred Stock (equivalent to approximately $0.398438 per depositary share), payable on March 15, 2021, to stockholders of record at the close of business on March 1, 2021. * A cash dividend of $15.9375 per share of Series B Preferred Stock (equivalent to approximately $0.398438 per depositary share), payable on March 15, 2021, to stockholders of record at the close of business on March 1, 2021. * A cash dividend of $1,437.50 per share of Series D Preferred Stock (equivalent to approximately $14.375 per depositary share), payable on March 15, 2021, to stockholders of record at the close of business on March 1, 2021.

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $147 billion in assets, is a member of the S&P 500 Index and is one of the nation's largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,400 banking offices and 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210203005921/en/

CONTACT: Media Contact: Jeremy D. King (205) 264-4551

CONTACT: Investor Relations Contact: Dana Nolan (205) 264-7040