ATLANTA, Nov. 10 /PRNewswire-FirstCall/ -- The Board of Directors of SunTrust
Banks, Inc. (NYSE: STI) today declared a regular quarterly cash dividend of
$0.01 per common share. The dividend is payable on December 15, 2009, to
shareholders of record on December 1, 2009.
The Board of Directors also announced a quarterly cash dividend of $1,011.11*
per share on SunTrust's Perpetual Preferred Stock, Series A, declared payable
in cash on December 15, 2009, to shareholders of record at the close of
business on December 1, 2009.
SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest
banking organizations, serving a broad range of consumer, commercial,
corporate and institutional clients. As of September 30, 2009, SunTrust had
total assets of $172.7 billion and total deposits of $119.3 billion. The
Company operates an extensive branch and ATM network throughout the
high-growth Southeast and Mid-Atlantic states and a full array of
technology-based, 24-hour delivery channels. The Company also serves clients
in selected markets nationally. Its primary businesses include deposit,
credit, trust and investment services. Through various subsidiaries the
Company provides mortgage banking, insurance, brokerage, investment
management, equipment leasing and capital markets services. SunTrust's
Internet address is suntrust.com.
*Editor's Note: The preferred stock dividend has been rounded for reader
convenience. The precise dividend is $1,011.11111111111
SOURCE SunTrust Banks, Inc.
Investors, Steve Shriner, +1-404-827-6714, or Media, Mike McCoy,
+1-404-588-7230, both of SunTrust Banks, Inc.
