Truist Financial Dividends and Buybacks
Dividend criteria checks 4/6
Truist Financial is a dividend paying company with a current yield of 4.36%. Next payment date is on 2nd December, 2024 with an ex-dividend date of 8th November, 2024.
Key information
4.4%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 5.2% |
| Future Dividend Yield | 4.6% |
| Dividend Growth | 7.6% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 08 Nov 24 |
| Dividend per share | Mex$41.527 |
| Payout ratio | -43% |
Recent dividend and buyback updates
Recent updates
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 *) | 4.4% |
| Market Bottom 25% (MX) | 2.7% |
| Market Top 25% (MX) | 7.2% |
| Industry Average (Banks) | 5.4% |
| Analyst forecast (TFC *) (up to 3 years) | 4.6% |
Notable Dividend: TFC *'s dividend (4.36%) is higher than the bottom 25% of dividend payers in the MX market (2.61%).
High Dividend: TFC *'s dividend (4.36%) is low compared to the top 25% of dividend payers in the MX market (7.15%).
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 well covered by earnings (48% payout ratio).