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Truist Financial (Truist Financial) Dividend Yield % : 5.48% (As of Apr. 26, 2024)


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What is Truist Financial Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of Truist Financial is 5.48%.

Warning Sign:

Truist Financial Corp stock dividend yield is close to 1-year low.

The historical rank and industry rank for Truist Financial's Dividend Yield % or its related term are showing as below:

TFC' s Dividend Yield % Range Over the Past 10 Years
Min: 2.25   Med: 3.01   Max: 7.66
Current: 5.48

During the past 13 years, the highest Dividend Yield of Truist Financial was 7.66%. The lowest was 2.25%. And the median was 3.01%.

TFC's Dividend Yield % is ranked better than
70.62% of 1205 companies
in the Banks industry
Industry Median: 3.98 vs TFC: 5.48

Truist Financial's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.64.

During the past 13 years, the highest Dividend Payout Ratio of Truist Financial was 0.59. The lowest was 0.33. And the median was 0.39.

As of today (2024-04-26), the Forward Dividend Yield % of Truist Financial is 5.48%.

Truist Financial's Dividends per Share for the three months ended in Dec. 2023 was $0.52.

During the past 12 months, Truist Financial's average Dividends Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Truist Financial was 22.30% per year. The lowest was -35.00% per year. And the median was 10.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Truist Financial Dividend Yield % Historical Data

The historical data trend for Truist Financial's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Truist Financial Dividend Yield % Chart

Truist Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 3.76 3.18 4.63 5.63

Truist Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.98 6.85 7.27 5.63 5.34

Competitive Comparison of Truist Financial's Dividend Yield %

For the Banks - Regional subindustry, Truist Financial's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Truist Financial's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Truist Financial's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Truist Financial's Dividend Yield % falls into.



Truist Financial Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Truist Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5202024-02-082024-02-092024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.5202023-11-092023-11-102023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.5202023-08-102023-08-112023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.5202023-05-112023-05-122023-06-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Truist Financial's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.08/37.97
=5.48 %

Current Share Price is $37.97.
Truist Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.08.

Truist Financial's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.08/37.97
=5.48 %

Current Share Price is $37.97.
Truist Financial's Dividends per Share for the forward twelve months is calculated as $0.52 * 4 = $2.08.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Truist Financial  (NYSE:TFC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Truist Financial Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Truist Financial's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Truist Financial (Truist Financial) Business Description

Address
214 North Tryon Street, Charlotte, NC, USA, 28202
Based in Charlotte, North Carolina, Truist is the combination of BB&T and SunTrust. Truist is a regional bank with a presence primarily in the Southeastern United States. In addition to commercial banking, retail banking, and investment banking operations, the company operates several nonbank segments, the primary one being its insurance brokerage business.
Executives
Rogers William H Jr officer: President and COO 214 N TRYON STREET, CHARLOTTE NC 28202
Charles A Patton director 214 N TRYON STREET, CHARLOTTE NC 28202
David M Ratcliffe director 214 N TRYON STREET, CHARLOTTE NC 28202
Steven C Voorhees director 214 N TRYON STREET, CHARLOTTE NC 28202
Kelly S King officer: President- BB&T Corporation 214 N TRYON STREET, CHARLOTTE NC 28202
Denise M Demaio officer: Chief Audit Officer 214 N TRYON STREET, CHARLOTTE NC 28202
Joseph M Thompson officer: Sr. Executive Vice President 214 N TRYON STREET, CHARLOTTE NC 28202
Michael Baron Maguire officer: Sr. Executive Vice President 214 N TRYON STREET, CHARLOTTE NC 28202
Cummins Hugh S. Iii officer: Sr. Executive Vice President 214 N TRYON STREET, CHARLOTTE NC 28202
David Hudson Weaver officer: Sr. Executive Vice President 214 N TRYON STREET, CHARLOTTE NC 28202
Starnes Clarke R Iii officer: Sr. Executive Vice President 214 N TRYON STREET, CHARLOTTE NC 28202
Daryl N. Bible officer: Executive Vice President 214 N TRYON STREET, CHARLOTTE NC 28202
Boyer K. David Jr. director 214 N TRYON STREET, CHARLOTTE NC 28202
John M Howard officer: Chief Insurance Officer 214 N TRYON STREET, CHARLOTTE NC 28202
Brantley J Standridge officer: Sr. Exec. Vice President 214 N TRYON STREET, CHARLOTTE NC 28202