|Bid||26.27 x 900|
|Ask||199,999.98 x 900|
|Day's Range||27.18 - 27.66|
|52 Week Range||20.44 - 27.85|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||21.11|
|Earnings Date||Oct 17, 2019|
|Forward Dividend & Yield||1.41 (5.06%)|
|1y Target Est||N/A|
Aug.08 -- Karissa McDonough, chief fixed income strategist at People's United Advisors, talks about the trade war between the U.S. and China, and the implications for Treasuries. She also discusses her strategy for corporate bonds with Bloomberg's Shery Ahn and Paul Allen on "Bloomberg Daybreak: Australia."
Bank of America made headlines last month with its plan to return $37 billion to shareholders over the next 12 months, through share repurchases and dividends. Alongside that announcement the financial conglomerate said it would boost its quarterly dividend by 20% to 18 cents per share. The new annualized dividend of 72 cents drives a dividend yield of roughly 2.4%, which is well above the current dividend yield of both the SPDR Financial Select ETF and the S&P 500 .
People's United Financial Inc said on Monday it would buy United Financial Bancorp Inc , the holding company for United Bank, for about $743 million in stock. Shares of United Financial were up 4% at $14.58 per share in extended trading. Shareholders of United Financial will receive 0.875 shares of People's United stock for each share they hold, valuing the company at $14.53 on a per-share basis based on Monday's close.
On a per-share basis, the Bridgeport, Connecticut-based company said it had net income of 30 cents. Earnings, adjusted for costs related to mergers and acquisitions, came to 33 cents per share. The results ...
Of the 500 stocks that comprise the S&P 500 Index, only 57 -- barely more than 10% of the index -- qualify as Dividend Aristocrats. Recessions, competitive threats, and geopolitical strife are just a few of the potential risks that can easily derail even a strong company's dividend growth streak. This is particularly true for stocks in the financial sector.