Business Wire | Oct 20, 2021 04:30PM EDT

Regions Financial Corp. Declares Quarterly Common and Preferred Stock Dividends

Oct. 20, 2021

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Oct. 20, 2021--The Regions Financial Corporation (NYSE:RF) Board of Directors on Wednesday declared the following cash dividends on its common shares, Series B preferred shares, Series C preferred shares, Series D preferred shares, and Series E preferred shares:

* A cash dividend of $0.17 on each share of outstanding common stock of the Company, payable on Jan. 3, 2022, to stockholders of record at the close of business on Dec. 3, 2021.

* A cash dividend of $15.9375 per share of Series B Preferred Stock (equivalent to approximately $0.398438 per depositary share), payable on Dec. 15, 2021, to stockholders of record at the close of business on Dec. 1, 2021.

* A cash dividend of $14.25 per share of Series C Preferred Stock (equivalent to approximately $0.35625 per depositary share), payable on Nov. 15, 2021, to stockholders of record at the close of business on Nov. 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 Dec. 15, 2021, to stockholders of record at the close of business on Dec. 1, 2021.

* A cash dividend of $11.125 per share of Series E Preferred Stock (equivalent to approximately $0.278125 per depositary share), payable on Dec. 15, 2021, to stockholders of record at the close of business on Dec. 1, 2021.

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $156 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 more than 1,300 banking offices and approximately 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.

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CONTACT: Media Contact: Jeremy D. King (205) 264-4551 Regions News Online: regions.doingmoretoday.com Regions News on Twitter: @RegionsNews

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