People's United Financial Inc

People's United Financial IncPBCT

Dividend Summary

The next People's United Financial Inc dividend is expected to go ex in 8 days and to be paid in 26 days.
The previous People's United Financial Inc dividend was 18c and it went ex 3 months ago and it was paid 2 months ago.
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.9.

Latest Dividends
Summary Previous dividend Next dividend
Status Paid Forecast
Type Quarterly Quarterly
Per share 18c Sign Up Required
Declaration date 23 Jul 2020 (Thu) 15 Oct 2020 (Thu)
Ex-div date 31 Jul 2020 (Fri) 28 Oct 2020 (Wed)
Pay date 15 Aug 2020 (Sat) 15 Nov 2020 (Sun)

Enter the number of People's United Financial Inc shares you hold and we'll calculate your dividend payments:

Previous Payment
Next Payment
Forecast Accuracy
100%
Our premium tools have predicted People's United Financial Inc with 100% accuracy.
Dividend Yield Today
6.9%
The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price
The table below shows the full dividend history for People's United Financial Inc
Status Type Decl. date Ex-div date Pay date Decl. Currency Forecast amount Decl. amount Accuracy
Forecast Quarterly 16 Jan 2025 30 Jan 2025 15 Feb 2025 USD Sign up
Forecast Quarterly 17 Oct 2024 30 Oct 2024 15 Nov 2024 USD Sign up
Forecast Quarterly 18 Jul 2024 31 Jul 2024 15 Aug 2024 USD Sign up
Forecast Quarterly 18 Apr 2024 30 Apr 2024 15 May 2024 USD Sign up
Forecast Quarterly 18 Jan 2024 31 Jan 2024 15 Feb 2024 USD Sign up
Forecast Quarterly 19 Oct 2023 25 Oct 2023 15 Nov 2023 USD Sign up
Forecast Quarterly 20 Jul 2023 31 Jul 2023 15 Aug 2023 USD Sign up
Forecast Quarterly 20 Apr 2023 28 Apr 2023 15 May 2023 USD Sign up
Forecast Quarterly 19 Jan 2023 31 Jan 2023 15 Feb 2023 USD Sign up
Forecast Quarterly 20 Oct 2022 26 Oct 2022 15 Nov 2022 USD Sign up
Forecast Quarterly 21 Jul 2022 29 Jul 2022 15 Aug 2022 USD Sign up
Forecast Quarterly 21 Apr 2022 28 Apr 2022 15 May 2022 USD Sign up
Forecast Quarterly 20 Jan 2022 31 Jan 2022 15 Feb 2022 USD Sign up
Forecast Quarterly 14 Oct 2021 27 Oct 2021 15 Nov 2021 USD Sign up
Forecast Quarterly 22 Jul 2021 30 Jul 2021 15 Aug 2021 USD Sign up
Forecast Quarterly 22 Apr 2021 29 Apr 2021 15 May 2021 USD Sign up
Forecast Quarterly 21 Jan 2021 29 Jan 2021 15 Feb 2021 USD Sign up
Forecast Quarterly 15 Oct 2020 28 Oct 2020 15 Nov 2020 USD Sign up
Paid Quarterly 23 Jul 2020 31 Jul 2020 15 Aug 2020 USD 18c 18c 😄
Paid Quarterly 23 Apr 2020 30 Apr 2020 15 May 2020 USD 18c 18c 😄
Paid Quarterly 16 Jan 2020 30 Jan 2020 15 Feb 2020 USD 17.75c 17.75c 😄
Paid Quarterly 17 Oct 2019 30 Oct 2019 15 Nov 2019 USD 17.75c 17.75c 😄
Paid Quarterly 18 Jul 2019 31 Jul 2019 15 Aug 2019 USD 17.75c
Paid Quarterly 18 Apr 2019 30 Apr 2019 15 May 2019 USD 17.75c
Paid Quarterly 17 Jan 2019 31 Jan 2019 15 Feb 2019 USD 17.5c
Paid Quarterly 18 Oct 2018 31 Oct 2018 15 Nov 2018 USD 17.5c
Paid Quarterly 19 Jul 2018 31 Jul 2018 15 Aug 2018 USD 17.5c
Paid Quarterly 18 Apr 2018 30 Apr 2018 15 May 2018 USD 17.5c
Paid Quarterly 18 Jan 2018 31 Jan 2018 15 Feb 2018 USD 17.25c
Paid Quarterly 19 Oct 2017 31 Oct 2017 15 Nov 2017 USD 17.25c
Paid Quarterly 20 Jul 2017 28 Jul 2017 15 Aug 2017 USD 17.25c
Paid Quarterly 19 Apr 2017 27 Apr 2017 15 May 2017 USD 17.25c
Paid Quarterly 19 Jan 2017 30 Jan 2017 15 Feb 2017 USD 17c
Paid Quarterly 20 Oct 2016 28 Oct 2016 15 Nov 2016 USD 17c
Paid Quarterly 21 Jul 2016 28 Jul 2016 15 Aug 2016 USD 17c
Paid Quarterly 20 Apr 2016 27 Apr 2016 15 May 2016 USD 17c
Paid Quarterly 21 Jan 2016 28 Jan 2016 15 Feb 2016 USD 16.75c
Paid Quarterly 15 Oct 2015 28 Oct 2015 15 Nov 2015 USD 16.75c
Paid Quarterly 16 Jul 2015 29 Jul 2015 15 Aug 2015 USD 16.75c
Paid Quarterly 15 Apr 2015 29 Apr 2015 15 May 2015 USD 16.75c
Paid Quarterly 15 Jan 2015 28 Jan 2015 15 Feb 2015 USD 16.5c
Paid Quarterly 16 Oct 2014 29 Oct 2014 15 Nov 2014 USD 16.5c
Paid Quarterly 17 Jul 2014 30 Jul 2014 15 Aug 2014 USD 16.5c
Paid Quarterly 16 Apr 2014 29 Apr 2014 15 May 2014 USD 16.5c
Paid Quarterly 16 Jan 2014 29 Jan 2014 15 Feb 2014 USD 16.25c
Paid Quarterly 17 Oct 2013 30 Oct 2013 15 Nov 2013 USD 16.25c
Paid Quarterly 18 Jul 2013 30 Jul 2013 15 Aug 2013 USD 16.25c
Paid Quarterly 18 Apr 2013 29 Apr 2013 15 May 2013 USD 16.25c
Paid Quarterly 17 Jan 2013 30 Jan 2013 15 Feb 2013 USD 16c
Paid Quarterly 18 Oct 2012 31 Oct 2012 15 Nov 2012 USD 16c
Paid Quarterly 30 Jul 2012 15 Aug 2012 USD 16c
Paid Quarterly 27 Apr 2012 15 May 2012 USD 16c
Year Amount Change
2006 0.0c
2007 0.0c
remove
0%
2008 0.0c
remove
0%
2009 0.0c
remove
0%
2010 0.0c
remove
0%
2011 0.0c
remove
0%
2012 64.0c
arrow_upward
100%
2013 65.0c
arrow_upward
1.6%
2014 66.0c
arrow_upward
1.5%
2015 67.0c
arrow_upward
1.5%
2016 68.0c
arrow_upward
1.5%
2017 69.0c
arrow_upward
1.5%
2018 70.0c
arrow_upward
1.4%
2019 71.0c
arrow_upward
1.4%
2020 Sign Up Required
2021 Sign Up Required
2022 Sign Up Required
2023 Sign Up Required
2024 Sign Up Required

People's United Financial Inc Optimized Dividend Chart

The chart below shows the optimized dividends for this security over a rolling 12-month period.
Dividend Yield Today
6.9%
Optimized Yield
Sign Up Required
52 Week High
10.1% on 05 April 2020
52 Week Low
4.3% on 30 October 2019
Next Ex-Div-Date Countdown
Sign Up Required

About People's United Financial Inc

People's United Financial, Inc., incorporated on November 2, 2006, is a bank holding company and a financial holding company of People's United Bank (the Bank). The Bank is engaged in providing commercial banking, retail banking and wealth management services to individual, corporate and municipal customers. The Company operates through two segments: Commercial Banking and Retail Banking. Commercial Banking segment is engaged in commercial real estate lending, commercial and industrial lending, and commercial deposit gathering activities. It also offers cash management, correspondent banking, municipal banking, institutional trust services, corporate trust, insurance services and private banking, among others. Retail Banking segment provides consumer lending (including residential mortgage and home equity lending) and consumer deposit gathering activities. The Retail Banking segment also includes brokerage, financial advisory services, investment management services, and life insurance and non-institutional trust services.

Traditional banking activities are conducted primarily within New England and southeastern New York, and include extending secured and unsecured commercial and consumer loans, originating mortgage loans secured by residential and commercial properties, and accepting consumer, commercial and municipal deposits. In addition to traditional banking activities, the Bank provides specialized financial services, which include personal, institutional and employee benefit trust; cash management; and municipal banking. Through its non-banking subsidiaries, the Bank offers brokerage, financial advisory services, investment management services and life insurance through People's Securities, Inc. (PSI); equipment financing through People's Capital and Leasing Corp. (PCLC) and People's United Equipment Finance Corp. (PUEFC), and other insurance services through People's United Insurance Agency, Inc. (PUIA).

The Bank's distribution network includes investment and brokerage offices, commercial banking offices, online banking and investment trading, a round the clock telephone banking service. The Bank maintains a mortgage warehouse lending group located in Kentucky and a national credits group that has participations in commercial loans and commercial real estate loans to borrowers in various industries on a national scale.

Lending Activities

The Company conducts its lending activities principally through its Commercial Banking and Retail Banking operating segments. Its lending activities consist of originating loans secured by commercial and residential properties, and extending secured and unsecured loans to commercial and consumer customers. The commercial lending businesses include commercial real estate, commercial and industrial lending, and equipment financing. It offers residential mortgage loan products, including conventional fixed-rate loans, jumbo fixed-rate loans, adjustable-rate loans, interest-only loans (loans where payments made by the borrower consist of only interest for a set period of time, before the payments change to principal and interest), as well as Federal Housing Administration insured loans and various state housing finance authority loans. It offers home equity lines of credit (HELOCs) and home equity loans, and other forms of installment and revolving credit loans. As of December 31, 2016, the Company's total loans amounted to $29.74 billion.

Investment Activities

The Company utilizes the securities portfolio for earnings generation (in the form of interest and dividend income), liquidity, interest-rate risk (IRR) management, asset diversification and tax planning. Its securities portfolio includes state and municipal, corporate debt securities, the United States Treasury and agency, government sponsored enterprise (GSE) residential mortgage-backed securities and collateralized mortgage obligations (CMOs). As of December 31, 2016, the Company's total securities available for sale had a total fair value of $4.4 billion. As of December 31, 2016, the Company's total securities held to maturity had a total fair value of $2.01 billion.

Sources of Funds

The Company's primary funding sources are deposits and stockholders' equity. Its primary source for borrowings are advances from the Federal Home Loan Banks (FHLB) of Boston, which provides credit for member institutions within its assigned region and federal funds purchased, which are typically unsecured overnight loans among banks. As of December 31, 2016, the Company's total deposits amounted to approximately $29.86 billion.

Sector
Financial Services
Country
United States
Share Price
$10.37 (yesterday's closing price)
Shares in Issue
398 million
Market Cap
$4.1bn
Dividend Cover
How many times is the dividend covered by company income. A cover of 1 means all income is paid out in dividends
1.9
CADI
The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends
8
Market Indices
S&P 500
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