TITLE

SunTrust Banks to Raise Dividend 11%

AUTHOR(S)
Davis, Paul
PUB. DATE
February 2006
SOURCE
American Banker;2/15/2006, Vol. 171 Issue 31, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that SunTrust Banks Inc. of Atlanta said Tuesday that it will increase its quarterly dividend 11%, to 61 cents a share. SunTrust, which has assets of $179.7 billion, said the dividend will be payable March 15 to shareholders of record as of March 1.
ACCESSION #
19819180

 

Related Articles

  • SunTrust in Talks on Auction Rates.  // American Banker;9/9/2008, Vol. 173 Issue 174, p2 

    The article reports on SunTrust Banks Inc. and auction rate securities. SunTrust is speaking with regulators on repurchasing an estimated $500 million of auction rate securities. They also disclosed expected chargeoffs to rise by 15-20% from the second quarter of 2008 and that it will not be...

  • SunTrust Outlines Capital Plan. Davis, Paul // American Banker;5/18/2009, Vol. 174 Issue 94, p16 

    The article reports how SunTrust Banks Inc. plans to comply with a directive from the U.S. government to raise $2.2 billion in new capital. SunTrust will issue $1.25 billion in common stock and reduce its dividend by 90%. The bank may also sell as much as $300 million in additional securities...

  • 'Sell' Start for SunTrust. Davis, Paul // American Banker;8/26/2008, Vol. 173 Issue 165, p20 

    The article reports that financial analysts employed by Citigroup Inc. issued clients a "sell" evaluation of the stock of the banking firm SunTrust Banks Inc. of Atlanta, Georgia. Citigroup stated that SunTrust had few options available to avoid being forced to cut its dividend payments in 2009.

  • SunTrust Cuts Tender Offer by One-Fourth. Davis, Paul // American Banker;6/16/2009, Vol. 174 Issue 114, p2 

    The author reports on a decision by SunTrust Banks Inc. to purchase securities. The author states that SunTrust plans on purchasing $750 million worth of hybrid and preferred stock. This plan by SunTrust to purchase the stock is part of the bank's plans to satisfy capital requirements by the...

  • Stocks Continue Slide as Firms Address Issues. Davis, Paul // American Banker;6/23/2008, Vol. 173 Issue 120, p16 

    The author reports on the impact which credit quality and capital issues had on bank stocks for the third week of June 2008. The stock performances of several financial companies are discussed, including SunTrust Banks Inc. Comments by Barry Koling, a spokesperson for SunTrust, regarding the...

  • SunTrust Stock-Transfer Sale. Davis, Paul // American Banker;3/2/2006, Vol. 171 Issue 41, p20 

    The article looks at SunTrust Banks Inc. of Atlanta, Georgia and the selling of its stock-transfer business to an Australian transfer agency known as Computershare Ltd. Computershare will take over the registry and transfer-agent servicing for about 170 issuers. SunTrust will become a...

  • One Gas, SunTrust Offer Direct-Purchase Plans.  // DRIP Investor;May2014, Vol. 23 Issue 5, p2 

    The article presents information on direct stock purchase plans being offered by two companies, One Gas Inc., and SunTrust Banks Inc. in the U.S. during 2014. One Gas provides natural-gas distribution services in Oklahoma, Kansas, and Texas, and the company announced its first quarterly dividend...

  • Atlanta's 'Old Money'. Bentley, Tim // Georgia Trend;Jun2002, Vol. 17 Issue 10, p24 

    Reports the reputation of Sun Trust at the banking institution in Atlanta, Georgia. Revenue of the bank; Goal in maintaining banking control and capabilities; Importance of structural changes in saving the bank money.

  • SunTrust stock slips amid concern over 1Q earnings. Padgett, Tania // American Banker;4/1/1999, Vol. 164 Issue 62, p24 

    Reports on Atlanta, Georgia-based SunTrust Banks Inc.'s stock market performance as of April 1, 1999. Decline in prices of shares of stock caused by investors' disappointment with the bank's financial performance for the first quarter of its fiscal 1999; Factors affecting the bank's financial...

Share

Read the Article

Courtesy of NEW JERSEY STATE LIBRARY

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics