Prudential Financial (Prudential Financial) Dividend Payout Ratio : 0.48 (As of Dec. 2023)

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What is Prudential Financial Dividend Payout Ratio?

Prudential Financial's dividend payout ratio for the months ended in Dec. 2023 was 0.48.

The historical rank and industry rank for Prudential Financial's Dividend Payout Ratio or its related term are showing as below:

PRU' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.33 Max: 0.69
Current: 0.69

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.

PRU's Dividend Payout Ratio is ranked worse than
81.94% of 288 companies
in the Insurance industry
Industry Median: 0.37 vs PRU: 0.69

As of today (2024-04-26), the Dividend Yield % of Prudential Financial is 4.58%.

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

Prudential Financial's Dividends per Share for the months ended in Dec. 2023 was $1.25.

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.

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.

The growth rate is calculated with least square regression.

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

Prudential Financial Dividend Payout Ratio Historical Data

The historical data trend for Prudential Financial's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Prudential Financial Dividend Payout Ratio Chart

Prudential Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.40

0.19

0.43

Prudential Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.12	0.32	0.43	-	0.48

Competitive Comparison of Prudential Financial's Dividend Payout Ratio

For the Insurance - Life subindustry, Prudential Financial's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Prudential Financial's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Prudential Financial's Dividend Payout Ratio falls into.

Prudential Financial Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	5	/	11.62
	=	0.43

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

Prudential Financial (NYSE:PRU) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Prudential Financial Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Prudential Financial's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Prudential Financial (Prudential Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Prudential Financial Inc (NYSE:PRU) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

PRU:Mexico PLL:Germany PLL:Germany P1DT34:Brazil PRU:Austria

Address

751 Broad Street, Newark, NJ, USA, 07102

Website

https://www.investor.prudential.com

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