COLUMBUS, Ohio -- The board of Huntington Bancshares Inc. has approved a five-for-four stock split. The distribution will occur July 31 to shareholders of record on July 13.

Huntington said this is the 19th consecutive year in which it has either split shares or issued a stock dividend. The $13 billion-asset holding company also declared a regular second-quarter dividend of 20 cents, payable July 1 to shareholders of record on June 8.

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