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TFC Truist Financial dividend history, payout ratio & dates

Truist Financial's last quarterly dividend was on Nov 9, 2022 (ex-date) with a distribution of $0.52 per share. On an annualized basis, the company has a current payout of $2 per share. This brings the dividend yield to 4.78% based on its recent close price.

Key dates

  • TFC last dividend date: Nov 9, 2022
  • TFC next dividend date: Not announced
TFC dividend stats
DPS
$2
Dividend yield
4.76%
Payout ratio
45.6%
vs. Financial Services sector
Dividend yield
2.73%
Payout ratio
30.7%

Dividend yield

What is Truist Financial current dividend yield

TFC has a dividend yield of 4.78% which is above the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 2.73%, Truist Financial's dividend yield is 75% higher. The historical 5-year average of TFC's dividend yield is 3.5%, which is less than the current yield.

Dividend history

What is TFC dividend payout history and dates

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 8% since one year ago. And with the stock price down by 31% from a year ago, the dividend yield has grown by 56%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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

Truist Financial dividend payout ratio

What is Truist Financial dividend payout ratio compared to the sector

Payout ratio

TFC has a payout ratio of 45.6% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 30.7%, Truist Financial's payout ratio is 49% higher.

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

TFC dividend vs peer dividends

How does TFC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
TFC Truist Financial Corp 4.76% $2 45.6%
NBTB Nbt Bancorp Inc 2.73% $1.16 32.6%
NBHC National Bank Holdings Corp 2.13% $0.94 37%

Frequently asked questions

Does Truist Financial pay a dividend?

Yes, Truist Financial has paid four dividends in the last 12 months. TFC has been paying dividends since 1994.

When is Truist Financial's next dividend?

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 February 2023.

When was TFC's last dividend?

Truist Financial's last regular dividend was on Nov 9, 2022 (ex-date) with the amount of $0.52 per share.

How much dividend does Truist Financial pay (per share)?

TFC has paid dividend of $2 per share in the last year.

What is Truist Financial's dividend yield?

The current dividend yield of Truist Financial is 4.78%.

How often does Truist Financial pay dividends?

Truist Financial has a quarterly dividend frequency.

What is Truist Financial's dividend payout ratio?

Truist Financial's dividend payout ratio is 45.6%.

Does Truist Financial pay a good dividend?

Truist Financial's dividend yield is more than the Financial Services sector average.