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TFC Truist Financial Corp Dividend

Truist Financial's last quarterly dividend was on Aug 12, 2021 (ex-date) with a distribution of $0.48 per share. On an annualized basis, the company has a current payout of $1.83 per share. This brings the dividend yield to 2.98% based on its recent close price. The latest dividend has grown by $0.03, or 7% from the previous dividend.

TFC next dividend date: Not announced

TFC
DPS
$1.83
Dividend yield
2.98%
Payout ratio
47.5%
Financial Services sector
Dividend yield
2.37%
Payout ratio
32.5%

Dividend yield

TFC has a dividend yield of 2.98% which is above the Financial Services sector and the industry average.

Dividend history

Truist Financial has been paying dividends since 1994. TFC has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 1.7% since one year ago. But with the stock price up by 47% from a year ago, the dividend yield marks a decrease of 31%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Jul 27, 2021 Aug 12, 2021 Sep 1, 2021 $0.48 normal
Apr 27, 2021 May 13, 2021 Jun 1, 2021 $0.45 normal
Jan 26, 2021 Feb 11, 2021 Mar 1, 2021 $0.45 normal
Oct 27, 2020 Nov 12, 2020 Dec 1, 2020 $0.45 normal
Jul 28, 2020 Aug 13, 2020 Sep 1, 2020 $0.45 normal
Apr 28, 2020 May 14, 2020 Jun 1, 2020 $0.45 normal
Jan 28, 2020 Feb 13, 2020 Mar 2, 2020 $0.45 normal
Oct 22, 2019 Nov 7, 2019 Dec 2, 2019 $0.45 normal
Jul 30, 2019 Aug 13, 2019 Sep 3, 2019 $0.45 normal
Apr 30, 2019 May 14, 2019 Jun 3, 2019 $0.405 normal
Jan 29, 2019 Feb 12, 2019 Mar 1, 2019 $0.405 normal
Oct 22, 2018 Nov 8, 2018 Dec 3, 2018 $0.405 normal
Jul 24, 2018 Aug 9, 2018 Sep 4, 2018 $0.405 normal
Apr 24, 2018 May 10, 2018 Jun 1, 2018 $0.375 normal
Feb 22, 2018 Mar 5, 2018 Mar 20, 2018 $0.045 special
Jan 23, 2018 Feb 8, 2018 Mar 1, 2018 $0.33 normal
Oct 23, 2017 Nov 9, 2017 Dec 1, 2017 $0.33 normal
Jul 25, 2017 Aug 9, 2017 Sep 1, 2017 $0.33 normal
Apr 25, 2017 May 10, 2017 Jun 1, 2017 $0.3 normal
Jan 24, 2017 Feb 8, 2017 Mar 1, 2017 $0.3 normal
Oct 25, 2016 Nov 8, 2016 Dec 1, 2016 $0.3 normal

Dividend payouts

Payout ratio

TFC has a payout ratio of 47.5% which is higher than the Financial Services sector and the industry average.

Total amount of dividends paid per year (from cash flow)