Truist Financial Corp

Truist Financial Corp TFC

Dividend Summary

The next Truist Financial Corp dividend is expected to go ex in 22 days and to be paid in 1 month.
The previous Truist Financial Corp dividend was 45c and it went ex 2 months ago and it was paid 2 months ago.
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.4.

Latest Dividends
Summary Previous dividend Next dividend
Status Paid Forecast
Type Quarterly Quarterly
Per share 45c Sign Up Required
Declaration date 28 Jul 2020 (Tue) 19 Oct 2020 (Mon)
Ex-div date 13 Aug 2020 (Thu) 12 Nov 2020 (Thu)
Pay date 01 Sep 2020 (Tue) 01 Dec 2020 (Tue)

Enter the number of Truist Financial Corp shares you hold and we'll calculate your dividend payments:

Previous Payment
Next Payment
Forecast Accuracy
98%
Our premium tools have predicted Truist Financial Corp with 98% accuracy.
Dividend Yield Today
4.3%
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 Truist Financial Corp
Status Type Decl. date Ex-div date Pay date Decl. Currency Forecast amount Decl. amount Accuracy
Forecast Quarterly 14 Oct 2024 07 Nov 2024 02 Dec 2024 USD Sign up
Forecast Quarterly 23 Jul 2024 08 Aug 2024 02 Sep 2024 USD Sign up
Forecast Quarterly 30 Apr 2024 09 May 2024 03 Jun 2024 USD Sign up
Forecast Quarterly 23 Jan 2024 08 Feb 2024 01 Mar 2024 USD Sign up
Forecast Quarterly 16 Oct 2023 09 Nov 2023 01 Dec 2023 USD Sign up
Forecast Quarterly 25 Jul 2023 10 Aug 2023 01 Sep 2023 USD Sign up
Forecast Quarterly 25 Apr 2023 11 May 2023 01 Jun 2023 USD Sign up
Forecast Quarterly 24 Jan 2023 09 Feb 2023 01 Mar 2023 USD Sign up
Forecast Quarterly 17 Oct 2022 09 Nov 2022 01 Dec 2022 USD Sign up
Forecast Quarterly 26 Jul 2022 11 Aug 2022 01 Sep 2022 USD Sign up
Forecast Quarterly 26 Apr 2022 12 May 2022 01 Jun 2022 USD Sign up
Forecast Quarterly 25 Jan 2022 10 Feb 2022 01 Mar 2022 USD Sign up
Forecast Quarterly 18 Oct 2021 10 Nov 2021 01 Dec 2021 USD Sign up
Forecast Quarterly 27 Jul 2021 12 Aug 2021 01 Sep 2021 USD Sign up
Forecast Quarterly 20 Apr 2021 06 May 2021 01 Jun 2021 USD Sign up
Forecast Quarterly 26 Jan 2021 11 Feb 2021 01 Mar 2021 USD Sign up
Forecast Quarterly 19 Oct 2020 12 Nov 2020 01 Dec 2020 USD Sign up
Paid Quarterly 28 Jul 2020 13 Aug 2020 01 Sep 2020 USD 45c 45c 😄
Paid Quarterly 28 Apr 2020 14 May 2020 01 Jun 2020 USD 45c 45c 😄
Paid Quarterly 28 Jan 2020 13 Feb 2020 02 Mar 2020 USD 45c 45c 😄
Paid Quarterly 22 Oct 2019 07 Nov 2019 02 Dec 2019 USD 45c 45c 😄
Paid Quarterly 30 Jul 2019 13 Aug 2019 03 Sep 2019 USD 45c 45c 😄
Paid Quarterly 30 Apr 2019 14 May 2019 03 Jun 2019 USD 40.5c
Paid Quarterly 29 Jan 2019 12 Feb 2019 01 Mar 2019 USD 40.5c
Paid Quarterly 22 Oct 2018 08 Nov 2018 03 Dec 2018 USD 40.5c
Paid Quarterly 24 Jul 2018 09 Aug 2018 04 Sep 2018 USD 40.5c
Paid Quarterly 24 Apr 2018 10 May 2018 01 Jun 2018 USD 37.5c
Paid Special 22 Feb 2018 05 Mar 2018 20 Mar 2018 USD 4.5c
Paid Quarterly 23 Jan 2018 08 Feb 2018 01 Mar 2018 USD 33c
Paid Quarterly 23 Oct 2017 09 Nov 2017 01 Dec 2017 USD 33c
Paid Quarterly 25 Jul 2017 09 Aug 2017 01 Sep 2017 USD 33c
Paid Quarterly 25 Apr 2017 10 May 2017 01 Jun 2017 USD 30c
Paid Quarterly 24 Jan 2017 08 Feb 2017 01 Mar 2017 USD 30c
Paid Quarterly 25 Oct 2016 08 Nov 2016 01 Dec 2016 USD 30c
Paid Quarterly 26 Jul 2016 10 Aug 2016 01 Sep 2016 USD 30c
Paid Quarterly 26 Apr 2016 11 May 2016 01 Jun 2016 USD 28c
Paid Quarterly 26 Jan 2016 10 Feb 2016 01 Mar 2016 USD 27c
Paid Quarterly 19 Oct 2015 10 Nov 2015 01 Dec 2015 USD 27c
Paid Quarterly 21 Jul 2015 12 Aug 2015 01 Sep 2015 USD 27c
Paid Quarterly 28 Apr 2015 13 May 2015 01 Jun 2015 USD 27c
Paid Quarterly 27 Jan 2015 11 Feb 2015 02 Mar 2015 USD 24c
Paid Quarterly 21 Oct 2014 05 Nov 2014 01 Dec 2014 USD 24c
Paid Quarterly 22 Jul 2014 06 Aug 2014 02 Sep 2014 USD 24c
Paid Quarterly 29 Apr 2014 14 May 2014 02 Jun 2014 USD 24c
Paid Quarterly 28 Jan 2014 12 Feb 2014 03 Mar 2014 USD 23c
Paid Quarterly 22 Oct 2013 06 Nov 2013 02 Dec 2013 USD 23c
Paid Quarterly 23 Jul 2013 07 Aug 2013 03 Sep 2013 USD 23c
Paid Quarterly 23 Apr 2013 08 May 2013 03 Jun 2013 USD 23c
Paid Quarterly 22 Jan 2013 06 Feb 2013 01 Mar 2013 USD 23c
Paid Quarterly 18 Dec 2012 02 Jan 2013 01 Feb 2013 USD 20c
Paid Quarterly 03 Oct 2012 01 Nov 2012 USD 20c
Paid Quarterly 03 Jul 2012 01 Aug 2012 USD 20c
Paid Quarterly 04 Apr 2012 01 May 2012 USD 20c
Year Amount Change
2006 0.0c
2007 0.0c
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0%
2008 0.0c
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0%
2009 0.0c
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0%
2010 0.0c
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0%
2011 0.0c
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0%
2012 80.0c
arrow_upward
100%
2013 92.0c
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15.0%
2014 95.0c
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3.3%
2015 105.0c
arrow_upward
10.5%
2016 115.0c
arrow_upward
9.5%
2017 126.0c
arrow_upward
9.6%
2018 151.5c
arrow_upward
20.2%
2019 171.0c
arrow_upward
12.9%
2020 Sign Up Required
2021 Sign Up Required
2022 Sign Up Required
2023 Sign Up Required
2024 Sign Up Required

Truist Financial Corp Optimized Dividend Chart

The chart below shows the optimized dividends for this security over a rolling 12-month period.
Dividend Yield Today
4.3%
Optimized Yield
Sign Up Required
52 Week High
9.3% on 13 May 2020
52 Week Low
3.4% on 08 November 2019
Next Ex-Div-Date Countdown
Sign Up Required

About Truist Financial Corp

BB&T Corporation, incorporated on September 24, 1968, is a financial holding company. The Company conducts its business operations primarily through its bank subsidiary, Branch Banking and Trust Company (Branch Bank), and other nonbank subsidiaries. Its segments include Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Holdings and Financial Services. Branch Bank provided a range of banking and trust services for retail and commercial clients in its geographic markets, including small and mid-size businesses, public agencies, local governments and individuals, through 2,196 offices, as of December 31, 2016. Its subsidiaries offer a variety of services targeted to retail and commercial clients. Its insurance operations primarily consist of a wholesale/agency network. Its retail services include asset management, automobile lending, bankcard lending, consumer finance, home equity lending, home mortgage lending, insurance, investment brokerage services, payment solutions and sales finance, among others. Its commercial services include asset management, association services, capital market services, commercial deposit services, commercial finance, corporate banking, floor plan lending, insurance, merchant services, real estate lending and payment solutions, among others.

Lending Activities

Branch Bank offers a range of loans, including commercial and industrial, commercial real estate (CRE), direct retail lending and residential mortgage, among others. As of December 31, 2016, its direct retail lending portfolio included $8.7 billion of variable rate home equity lines, $946 million of variable rate other lines of credit and $326 million of variable rate loans.

Investment Activities

Branch Bank invests in securities allowable under bank regulations, which include obligations of the United States Treasury; the United States Government agencies; the United States government-sponsored enterprise (GSEs), including mortgage-backed securities (MBS); bank eligible obligations of any state or political subdivision; non-agency MBS, structured notes; bank eligible corporate obligations (including corporate debentures); commercial paper; negotiable certificate of deposits (CDs); bankers acceptances; mutual funds, and limited types of equity securities. Its full-service brokerage and investment banking subsidiary engages in the underwriting, trading and sales of equity and debt securities subject to the risk management policies of the Company. As of December 31, 2016, its total available-for-sale securities were $26.93 million. As of December 31, 2016, its total held-to-maturity securities were $16.68 million.

Sources of Funds

Deposits are the primary source of funds for lending and investing activities. Scheduled payments, as well as prepayments, and maturities from portfolios of loans and investment securities also provide a source of funds. Deposits are attracted principally from clients within its branch network through the offering of a selection of deposit instruments to individuals and businesses, including noninterest-bearing checking accounts, interest-bearing checking accounts, savings accounts, money market deposit accounts, CDs and individual retirement accounts (IRAs). As of December 31, 2016, its total deposits were $160.2 billion. It also uses various types of short-term borrowings to meet funding needs. The types of short-term borrowings that are used by the Company include Federal funds purchased, securities sold under repurchase agreements, master notes, commercial paper, short-term bank notes and short-term Federal Home Loan Bank (FHLB) advances. As of December 31, 2016, its short-term borrowings were $1.4 billion.

Subsidiary Activities

Branch Bank's principal operating subsidiaries include BB&T Equipment Finance Corporation, which provides loan and lease financing to commercial and small businesses; BB&T Insurance Services, Inc., which offers property and casualty, life, health, employee benefits, commercial general liability, surety, title and other insurance products through its agency network; BB&T Investment Services, Inc., which is a broker-dealer and offers clients non-deposit investment products, including discount brokerage services, equities, fixed-rate, variable-rate and index annuities, mutual funds, government and municipal bonds, and money market funds; CRC Insurance Services, Inc., which is a wholesale insurance broker; Crump Life Insurance Services, Inc., which is a wholesale insurance broker; Grandbridge Real Estate Capital, LLC, which specializes in arranging and servicing commercial mortgage loans; McGriff, Seibels & Williams, Inc., which specializes in providing insurance products on an agency basis to commercial clients, and Prime Rate Premium Finance Corporation, Inc. and its subsidiaries, which include AFCO Credit Corporation, providing insurance financing to clients in the United States and Canada, and Susquehanna Commercial Finance, Inc., providing loans and lease financing to commercial and small businesses. Branch Bank's nonbank subsidiaries include BB&T Securities, LLC, Regional Acceptance Corporation and Sterling Capital Management, LLC.

BB&T Securities, LLC is an investment banking and full-service brokerage firm that provides services in retail brokerage, equity and debt underwriting, investment advice, corporate finance and equity research, and facilitates the origination, trading and distribution of fixed-income securities and equity products in both the public and private capital markets. BB&T Securities, LLC also provides correspondent clearing services to broker-dealers and entities involved in the securities industry. Regional Acceptance Corporation specializes in nonprime, indirect financing for consumer purchases of primarily mid-model and late-model used automobiles. Sterling Capital Management, LLC is an investment advisor, which provides investment management solutions to meet the specific needs and objectives of individual and institutional clients through a range of investment strategies.

Sector
Financial Services
Country
United States
Share Price
$42.09 (yesterday's closing price)
Shares in Issue
766 million
Market Cap
$32.2bn
Dividend Cover
How many times is the dividend covered by company income. A cover of 1 means all income is paid out in dividends
2.4
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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