Truist Declares Common and Preferred Stock Dividends

Dividend per
Share 

Dividend per
Depositary
Share 

Record

Date

Payment

Date

Series F Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q851)

$325.00

$0.325

November 13

December 1

Series G Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q844)

$325.00

$0.325

November 13

December 1

Series H Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q836)

$351.5625

$0.3515625

November 13

December 1

Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810)

$1,011.11111⁽¹⁾

$0.25278⁽¹⁾

November 13

December 15

Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6)

$1,011.11111⁽¹⁾

$10.11111⁽¹⁾

November 13⁽²⁾

December 15

Series L Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAB5)

$2,525.00⁽³⁾

$25.25⁽³⁾

November 13

December 15

Series M Non-Cumulative Perpetual Preferred Stock (CUSIP 89832QAC3)

$2,562.50⁽³⁾

$25.625⁽³⁾

November 13

December 15

Series O Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q745)

$328.125

$0.328125

November 13

December 1

Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock

(CUSIP 89832QAE9)

$618.75

$24.75

November 13

December 1

Series R Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q695)

$389.23611⁽⁴⁾

$0.38924⁽⁴⁾

November 13

December 1

Notes:

(1)

In the table, dividends per share and dividends per depositary share for Series I and Series J are rounded to the hundred-thousandths position for the convenience of the reader.  Rounded to the fourteenth decimal place, the dividend per share and dividend per depositary share for Series I are $1,011.11111111111111 and $0.25277777777778, respectively.  Rounded to the fourteenth decimal place, the dividend per share and dividend per depositary share for Series J are $1,011.11111111111111 and $10.11111111111111, respectively.

(2)

In accordance with the Amended and Restated Declaration of Trust of SunTrust Preferred Capital I, the record date for the Preferred Purchase Securities representing fractional interests in shares of Series J preferred stock will be November 30, 2020.

(3)

Dividends per share and dividends per depositary share for Series L and Series M are declared and paid semiannually.

(4)

The dividend per share and dividend per depositary share for Series R reflect the long initial dividend period that commenced on, and included, the original issue date of August 3, 2020, and will end on, and exclude, the dividend payment date of December 1, 2020.  The dividend per share and dividend per depositary share for Series R shown in the table are rounded to the hundred-thousandths position for the convenience of the reader.  Rounded to the fourteenth decimal place, the dividend per share and dividend per depositary share for Series R are $389.23611111111111 and $0.38923611111111, respectively.  During a normalized dividend period that extends from, and includes, a dividend payment date to, but excludes, the next dividend payment date, the dividend per share and dividend per depositary share for Series R would be $296.875 per share and $0.296875 per depositary share, respectively.