Truist Financial Corporation Dividend yield

Truist Financial Corporation is part of Banks business, which is part of Financials industry. Truist Financial Corporation is a company from USA, and his stocks are publicly traded.

Truist Financial Corporation stock dividend

Truist Financial Corporation paid a total dividend of 2,762 million USD last year, for a market value of 40,570 millions (Market Cap 40,458 millions). Truist Financial Corporation dividend per share is 2.08 USD, and his stock market price 30.55 USD.

According to the chart below, where dividend yield is displayed, Truist Financial Corporation has a dividend yield of 6.81%, which is higher than the amount offered by both the market average and companies from USA. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Truist Financial Corporation stocks dividend with other Banks companies or other of the highest USA dividend stocks list.

Truist Financial Corporation Dividend Payout

About the ability of Truist Financial Corporation to maintain his current dividend of USD 2.08 per share, an amount that accounts for 6.81%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Truist Financial Corporation payout on ernings is currently 42.19%, which is higher than the market average, but lower than companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Truist Financial Corporation should not have problems to continue paying his dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Truist Financial Corporation is USD 8.26 per share, which is higher than the dividend per share paid by the company of USD 2.08, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Truist Financial Corporation, compared againt world market average, USA companies, Financials industry and Banks sector companies.

Truist Financial Corporation Dividend History

Below you will find a table with the historical evolution of Truist Financial Corporation's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	6.81%	2.08	42.19%	1,328
2022	4.83%	2.08	42.02%	1,331
2021	3.28%	1.92	53.19%	1,345
2020	3.76%	1.80	75.95%	1,348
2019	3.20%	1.80	75.95%	1,341

*In millions

Truist Financial Corporation Stock performance

Finally, last moth Truist Financial Corporation showed a return of -8.00% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -34.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Banks firms.