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Prudential Financial (Prudential Financial) 3-Year Dividend Growth Rate

: 4.40% (As of Dec. 2023)
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Prudential Financial's Dividends per Share for the three months ended in Dec. 2023 was $1.25.

The historical rank and industry rank for Prudential Financial's 3-Year Dividend Growth Rate or its related term are showing as below:

PRU' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -9.7   Med: 14.1   Max: 35.7
Current: 4.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Prudential Financial was 35.70% per year. The lowest was -9.70% per year. And the median was 14.10% per year.

PRU's 3-Year Dividend Growth Rate is ranked worse than
58.75% of 240 companies
in the Insurance industry
Industry Median: 6.3 vs PRU: 4.40

During the past 12 months, Prudential Financial's average Dividends Per Share Growth Rate was 4.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Prudential Financial's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.48. As of today, Prudential Financial's Dividend Yield % is 4.53%.

Warning Sign:

Prudential Financial Inc stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Insurance - Life subindustry, Prudential Financial's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Prudential Financial 3-Year Dividend Growth Rate Distribution

For the Insurance industry and Financial Services sector, Prudential Financial's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Prudential Financial's 3-Year Dividend Growth Rate falls into.



Prudential Financial 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Prudential Financial  (NYSE:PRU) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Prudential Financial's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.25/ 2.58
=0.48

During the past 13 years, the highest Dividend Payout Ratio of Prudential Financial was 0.69. The lowest was 0.17. And the median was 0.33.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Prudential Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.3002024-02-162024-02-202024-03-14Cash DividendquarterlyUSD:USD 1.000000
USD 1.2502023-11-202023-11-212023-12-14Cash DividendquarterlyUSD:USD 1.000000
USD 1.2502023-08-212023-08-222023-09-14Cash DividendquarterlyUSD:USD 1.000000
USD 1.2502023-05-222023-05-232023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Prudential Financial's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=5.05/111.84
=4.52 %

Current Share Price is $111.84.
Prudential Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.05.

During the past 13 years, the highest Dividend Yield of Prudential Financial was 9.47%. The lowest was 1.91%. And the median was 3.65%.

Warning Sign:

Prudential Financial Inc stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Prudential Financial 3-Year Dividend Growth Rate Related Terms>


Prudential Financial (Prudential Financial) Business Description

Address
751 Broad Street, Newark, NJ, USA, 07102
Prudential Financial is a large, diversified insurance company offering annuities, life insurance, retirement plan services, and asset management products. While it operates in a number of countries, the vast majority of revenue is generated in the United States and Japan. The company's investment management business, PGIM, contributes approximately 15% of its earnings and has over $1.5 trillion in assets under management. The U.S. businesses are responsible for about 45% of earnings and can be classified into Institutional Retirement Strategies, Individual Retirement Strategies, Group Insurance, Individual Life Insurance, and Assurance IQ. Finally, the international business segment of the company contributes approximately 40% of earnings with a strong market position in Japan.
Executives
Kenneth Tanji officer: EVP and CFO 751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Timothy L Schmidt officer: Senior Vice President 751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Kathleen Murphy director 751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Caroline Feeney officer: Executive Vice President 751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Ann M Kappler officer: EVP and General Counsel PRUDENTIAL FINANCIAL, INC., 751 BROAD STREET, 5TH FLOOR, NEWARK NJ 07102
Robert Axel officer: SVP and Controller 751 BROAD STREET, 5TH FLOOR, ATTN.: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Andrew F Sullivan officer: Executive Vice President 751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Nicholas C Silitch officer: Senior Vice President 751 BROAD STREET, 5TH FLR, ATTN.: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Scott Sleyster officer: Senior Vice President 751 BROAD STREET, 5TH FLOOR, ATTN.: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Robert Falzon officer: EVP and CFO 751 BROAD STREET, 5TH FLOOR, ATTN.: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Charles F Lowrey officer: Executive Vice President 751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Michael Todman director C/O TMA LIMITED, LLC, 500 RENAISSANCE DRIVE, SUITE 103B, ST. JOSEPH MI 49085
Wendy Elizabeth Jones director 2025 HAMILTON AVE, SAN JOSE CA 95125
Stacey Goodman officer: Executive Vice President C/O CIT GROUP INC., ATTN:GENERAL COUNSEL, 1 CIT DRIVE, LIVINGSTON NJ 07039
Candace Woods officer: Senior Vice President 751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102