Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Relative Strength Alert For Principal Financial Group
Tuesday, August 25, 4:07 PM ET, by Market News Video Staff
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
Interesting PRU Put And Call Options For October 16th
Wednesday, August 26, 11:23 AM ET, by Market News Video Staff
Investors in Prudential Financial, Inc. (PRU) saw new options become available this week, for the ...
MetLife (MET) Shares Cross 3% Yield Mark
Friday, August 28, 3:10 PM ET, by Market News Video Staff
In trading on Friday, shares of MetLife Inc (MET) were yielding above the 3% mark ...
Allstate Enters Oversold Territory (ALL)
Friday, August 28, 4:23 PM ET, by Market News Video Staff
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
ALL Trading Below Director's Recent Buy Price
Tuesday, September 1, 10:19 AM ET, by Market News Video Staff
There's an old saying on Wall Street about insider buying: there are many possible reasons ...
Prudential Financial, Inc. (PRU) Shares Cross 3% Yield Mark
By Dividend Channel Staff, Wednesday, May 16, 3:10 PM ET
In trading on Wednesday, shares of Prudential Financial, Inc. (PRU) were yielding above the 3% mark based on its annual dividend (annualized to $1.45), with the stock changing hands as low as $47.68 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF (SPY) back on 12/31/1998 — you would have paid $123.31 per share. Fast forward to 12/31/2011 and each share was worth $125.50 on that date, a mere $2.19 or 1.8% increase over all those years. But now consider that you collected a whopping $23.90 per share in dividends over the same period, increasing your return to 21.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.7%; so by comparison collecting a yield above 3% would appear considerably attractive if that yield is sustainable. Prudential Financial, Inc. (PRU) is an S&P 500 company, giving it special status as one of the large-cap companies making up the S&P 500 Index.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Prudential Financial, Inc., looking at the history chart for PRU below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 3% annual yield.
|PRU Dividend History|
|* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.|
Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation from Forbes.
According to the ETF Finder at ETF Channel, PRU makes up 7.43% of the iShares Dow Jones U.S. Insurance Index Fund ETF (IAK) which is trading lower by about 1.1% on the day Wednesday.
See what other ETFs contain PRU »
See what other stocks are held by IAK »
This Article's Word Cloud: