Truist Financial's last quarterly dividend was on Feb 8, 2024 (ex-date) with a distribution of $0.52 per share. On an annualized basis, the company has a current payout of $2.08 per share. This brings the dividend yield to 5.48% based on its recent close price.
TFC has a dividend yield of 5.48% which is above the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 3.41%, Truist Financial's dividend yield is 61% higher. The historical 5-year average of TFC's dividend yield is 4.5%, which is less than the current yield.
Truist Financial has been paying dividends since 1994. TFC has issued five quarterly dividends in the last twelve months. The annualized DPS has grown by 2% since one year ago. But with the stock price up by 25% from a year ago, the dividend yield marks a decrease of 18%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 8, 2024 | Mar 1, 2024 | Jan 23, 2024 | $0.52 | normal |
| Nov 9, 2023 | Dec 1, 2023 | Oct 24, 2023 | $0.52 | normal |
| Aug 10, 2023 | Sep 1, 2023 | Jul 25, 2023 | $0.52 | normal |
| Aug 9, 2023 | Sep 1, 2023 | Jul 25, 2023 | $0.52 | normal |
| May 11, 2023 | Jun 1, 2023 | Apr 25, 2023 | $0.52 | normal |
| Feb 9, 2023 | Mar 1, 2023 | Jan 24, 2023 | $0.52 | normal |
| Nov 9, 2022 | Dec 1, 2022 | Oct 25, 2022 | $0.52 | normal |
| Aug 11, 2022 | Sep 1, 2022 | Jul 26, 2022 | $0.52 | normal |
| May 12, 2022 | Jun 1, 2022 | $0.48 | normal | |
| Feb 10, 2022 | Mar 1, 2022 | Jan 25, 2022 | $0.48 | normal |
| Nov 10, 2021 | Dec 1, 2021 | Oct 26, 2021 | $0.48 | normal |
| Aug 12, 2021 | Sep 1, 2021 | Jul 27, 2021 | $0.48 | normal |
| May 13, 2021 | Jun 1, 2021 | Apr 27, 2021 | $0.45 | normal |
| Feb 11, 2021 | Mar 1, 2021 | Jan 26, 2021 | $0.45 | normal |
| Nov 12, 2020 | Dec 1, 2020 | Oct 27, 2020 | $0.45 | normal |
| Aug 13, 2020 | Sep 1, 2020 | Jul 28, 2020 | $0.45 | normal |
| May 14, 2020 | Jun 1, 2020 | Apr 28, 2020 | $0.45 | normal |
| Feb 13, 2020 | Mar 2, 2020 | Jan 28, 2020 | $0.45 | normal |
| Nov 7, 2019 | Dec 2, 2019 | Oct 22, 2019 | $0.45 | normal |
| Aug 13, 2019 | Sep 3, 2019 | Jul 30, 2019 | $0.45 | normal |
| May 14, 2019 | Jun 3, 2019 | Apr 30, 2019 | $0.405 | normal |
| Feb 12, 2019 | Mar 1, 2019 | Jan 29, 2019 | $0.405 | normal |
| Nov 8, 2018 | Dec 3, 2018 | Oct 22, 2018 | $0.405 | normal |
| Aug 9, 2018 | Sep 4, 2018 | Jul 24, 2018 | $0.405 | normal |
| May 10, 2018 | Jun 1, 2018 | Apr 24, 2018 | $0.375 | normal |
| Mar 5, 2018 | Mar 20, 2018 | Feb 22, 2018 | $0.045 | special |
| Feb 8, 2018 | Mar 1, 2018 | Jan 23, 2018 | $0.33 | normal |
| Nov 9, 2017 | Dec 1, 2017 | Oct 23, 2017 | $0.33 | normal |
| Aug 9, 2017 | Sep 1, 2017 | Jul 25, 2017 | $0.33 | normal |
| May 10, 2017 | Jun 1, 2017 | Apr 25, 2017 | $0.3 | normal |
| Feb 8, 2017 | Mar 1, 2017 | Jan 24, 2017 | $0.3 | normal |
| Nov 8, 2016 | Dec 1, 2016 | Oct 25, 2016 | $0.3 | normal |
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TFC Truist Financial Corp | 5.48% | $2.08 | N/A |
| NKSH National Bankshares Inc | 5.41% | $1.51 | 56.8% |
| NRIM Northrim Bancorp Inc | 5.02% | $2.41 | 53.2% |
Yes, Truist Financial has paid five dividends in the last 12 months. TFC has been paying dividends since 1994.
TFC hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in May 2024.
Truist Financial's last regular dividend was on Feb 8, 2024 (ex-date) with the amount of $0.52 per share.
TFC has paid dividend of $2.08 per share in the last year.
The current dividend yield of Truist Financial is 5.48%.
Truist Financial has a quarterly dividend frequency.
Truist Financial's dividend yield is more than the Financial Services sector average.