Prudential Financial Keeps Steady Dividend
Financial services firm Prudential this week declared a $0.40-per-share quarterly dividend. The amount will be made payable on Sept. 19 to shareholders on record as of the close of business on Aug. 27.
Prudential has paid this amount to shareholders since March. Prior to that, the company had paid an annual dividend of $1.60 per share. As of market close on Aug. 14, Prudential was trading at $80.13. The company's annualized payout adds up to $1.60, which means its dividend currently yields 2%.
The article Prudential Financial Keeps Steady Dividend originally appeared on Fool.com.Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.