TFC (Truist Financial) Dividend Payout Ratio : 0.53 (As of Sep. 2024)

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What is Truist Financial Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Truist Financial's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.53.

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

TFC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.39 Max: 0.58
Current: 0.58

During the past 13 years, the highest Dividend Payout Ratio of Truist Financial was 0.58. The lowest was 0.33. And the median was 0.39.

TFC's Dividend Payout Ratio is ranked worse than
79.77% of 1147 companies
in the Banks industry
Industry Median: 0.34 vs TFC: 0.58

As of today (2024-12-14), the Dividend Yield % of Truist Financial is 4.54%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Truist Financial was 7.66%. The lowest was 2.25%. And the median was 3.15%.

Truist Financial's Dividends per Share for the months ended in Sep. 2024 was $0.52.

During the past 3 years, the average Dividends Per Share Growth Rate was 4.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Truist Financial was 22.30% per year. The lowest was -35.00% per year. And the median was 10.00% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Truist Financial Dividend Payout Ratio Historical Data

The historical data trend for Truist 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.

Truist Financial Dividend Payout Ratio Chart

Truist Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.42

0.50

0.38

0.40

0.58

Truist Financial Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.66	0.64	0.58	0.57	0.53

Competitive Comparison of Truist Financial's Dividend Payout Ratio

For the Banks - Regional subindustry, Truist 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.

Truist Financial's Dividend Payout Ratio Distribution in the Banks Industry

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

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

Truist Financial Dividend Payout Ratio Calculation

Truist 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 )
	=	2.08	/	3.59
	=	0.58

Truist Financial's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.52	/	0.98
	=	0.53

Truist Financial (NYSE:TFC) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Truist Financial Dividend Payout Ratio Related Terms

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

Truist Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Truist Financial Corp (NYSE:TFC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

TFCpR.PFD:USA TFCpO.PFD:USA TFCpI.PFD:USA TFC:Mexico 1TFC:Italy BBK:Germany BBK:Germany B1BT34:Brazil TFC:Austria

Address

214 North Tryon Street, Charlotte, NC, USA, 28202

Website

https://www.truist.com

Based in Charlotte, North Carolina, Truist is the combination of BB&T and SunTrust. Truist is a regional bank with a presence primarily in the Southeastern United States. In addition to commercial banking, retail banking, and investment banking operations, the company operates several nonbank segments.

Executives

Boyer K. David Jr.	director	214 N TRYON STREET, CHARLOTTE NC 28202
Rogers William H Jr	officer: President and COO	214 N TRYON STREET, CHARLOTTE NC 28202
Cynthia B Powell	officer: Corp. Controller, Sr. V.P.	214 N TRYON STREET, CHARLOTTE NC 28202
Charles A Patton	director	214 N TRYON STREET, CHARLOTTE NC 28202
David M Ratcliffe	director	214 N TRYON STREET, CHARLOTTE NC 28202
Steven C Voorhees	director	214 N TRYON STREET, CHARLOTTE NC 28202
Kelly S King	officer: President- BB&T Corporation	214 N TRYON STREET, CHARLOTTE NC 28202
Denise M Demaio	officer: Chief Audit Officer	214 N TRYON STREET, CHARLOTTE NC 28202
Joseph M Thompson	officer: Sr. Executive Vice President	214 N TRYON STREET, CHARLOTTE NC 28202
Michael Baron Maguire	officer: Sr. Executive Vice President	214 N TRYON STREET, CHARLOTTE NC 28202
Cummins Hugh S. Iii	officer: Sr. Executive Vice President	214 N TRYON STREET, CHARLOTTE NC 28202
David Hudson Weaver	officer: Sr. Executive Vice President	214 N TRYON STREET, CHARLOTTE NC 28202
Starnes Clarke R Iii	officer: Sr. Executive Vice President	214 N TRYON STREET, CHARLOTTE NC 28202
Daryl N. Bible	officer: Executive Vice President	214 N TRYON STREET, CHARLOTTE NC 28202
John M Howard	officer: Chief Insurance Officer	214 N TRYON STREET, CHARLOTTE NC 28202