Prefer to view this content on our website? Click here.
Dear Fellow Investor,
Company: Prudential Financial (SYM: PRU)
With a yield of about 4.6%, Prudential Financial is an American Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, retirement planning, investment management, and other products and services to both retail and institutional customers throughout the United States and in over 40 other countries
With regards to its dividend, the company just raised it to $1.35 from $1.30, and is payable on March 13 to shareholders of record as of February 18. This also marks the company’s 17th consecutive year of dividend increases.
Trading Whisperer
The Future of Air Travel Is Unfolding—Here’s What to Know
If you're searching for the next opportunity, this aviation player is quietly making moves in the industry.
And if you dig into the technicals and analyst chatter, there’s a distinct early buzz building—one that signals something could be brewing.
No guarantees, but when the right elements come together, we’ve seen how momentum can take off for other companies before.
This isn’t just another small airline—it’s already one of the largest commuter carriers in the US by scheduled departures, operating a significant fleet of Cessna Caravan aircraft.
Unlock the name and symbol now right here.
Even better, in its most recent quarter, the company returned $720 million to shareholders through dividends ($470 million) and buybacks ($250 million). That’s up from the $708 million returned to shareholders a year earlier. Plus, the company’s Board just approved a new buyback program of $1 billion.
With numbers like that, we don’t have to worry about growth here.
Recent earnings weren’t too shabby either.
Prudential Financial just reported year-end and fourth quarter numbers.
For the full-year, the company’s net income of $2.727 billion, or $7.50 per share was well above the $2.488 billion, or $6.74 per share reported year over year. Full-year after-tax adjusted operating income was $4.588 billion, or $12.62 per share, as compared to the $4.38 billion, or $11.88 per share reported a year earlier.
(More info below ad)
Trading Tips
5 Best Cheap Stocks Under $5!
Ready to discover hidden gems in the stock market? 📈 Download our free report featuring 5 top stocks trading under $5 with massive growth potential. Perfect for value-driven investors looking to uncover low-priced winners.
Don’t miss out!
(By clicking this link you agree to receive emails from Trading Tips and our affiliates. You can opt out at any time.)
With regards to the fourth quarter, the company did post a net loss of $57 million, as compared to expectations for a profit of $1.1 billion. However, assets under management grew to $1.512 trillion from $1.45 trillion year over year.
"Our 2024 results reflect strong sales across our retirement and insurance businesses and significant positive net flows in PGIM," added Chairman and CEO Charles Lowrey in a company press release. "We also made substantial progress to become a higher growth, more capital efficient company."
With a healthy yield of 4.6%, Prudential Financial is a powerhouse. With strong earnings growth, and its dedication to returning capital to shareholders, Prudential Financial remains attractive for the long haul.
Monument Traders Alliance
"Zero Day Options" Overnight Windfalls
Forget the Frustrations of Day Trading...
Target Up to +383% OVERNIGHT With This Dead-Simple ODTE Secret Instead!
New Trade Goes LIVE THIS TUESDAY at 2 pm
Are there any dividend stocks you try to consistently buy and hold for extra income? Hit "reply" to this email and let us know!
Tidak ada komentar:
Posting Komentar