Truist Financial Dividend
Dividend criteria checks 4/6
Truist Financial is a dividend paying company with a current yield of 5.54%. Next payment date is on 3rd June, 2024 with an ex-dividend date of 9th May, 2024.
Key information
5.5%
Dividend yield
-160%
Payout ratio
| Industry average yield | 5.6% |
| Next dividend pay date | 03 Jun 24 |
| Ex dividend date | 09 May 24 |
| Dividend per share | n/a |
| Earnings per share | -€1.29 |
| Dividend yield forecast in 3Y | 5.8% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TFC's dividends per share have been stable in the past 10 years.
Growing Dividend: TFC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Truist Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TFC) | 5.5% |
| Market Bottom 25% (AT) | 1.9% |
| Market Top 25% (AT) | 5.9% |
| Industry Average (Banks) | 5.6% |
| Analyst forecast in 3 Years (TFC) | 5.8% |
Notable Dividend: TFC's dividend (5.54%) is higher than the bottom 25% of dividend payers in the Austrian market (1.91%).
High Dividend: TFC's dividend (5.54%) is low compared to the top 25% of dividend payers in the Austrian market (5.87%).
Current Payout to Shareholders
Earnings Coverage: TFC is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: TFC's dividends in 3 years are forecast to be covered by earnings (53.2% payout ratio).