Home Markets Dividend Growth of Peoples United Financial, Inc.(PBCT)

Dividend Growth of Peoples United Financial, Inc.(PBCT)


Peoples United Financial(PBCT) is having a Dividend Yield of 3.55% with the Annual cash Dividend per share of $0.68. The last quarter cash dividend per share pay out was $0.17. Peoples United Financial has a 5 year average dividend yield of 4.58% and the stock has a Indicated annual dividend of $0.68. Peoples United Financial(PBCT) formally announced its most recent dividend on January 20, 2017 with a Dividend per share of $0.17. The new indicated annual dividend based on announced dividend per share is $0.68. The dividend yield based on the forward looking indicated annual dividend is 3.55%. Peoples United Financial(PBCT) has the most recent dividend payout ratio of 0.73 with a 5-year average payout ratio of 0.81. The 5 year historical dividend growth of Peoples United Financial(PBCT) is at the rate of 1.54% while the R-Squared dividend growth is 0.96. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Peoples United Financial, Inc. (NASDAQ:PBCT) rose 0.63% or 0.12 points on Thursday and made its way into the gainers of the day. After trading began at $19.12 the stock was seen hitting $19.29 as a peak level and $19.04 as the lowest level. The stock ended up at $19.28. The daily volume was measured at 3,961,626 shares. The 52-week high of the share price is $20.13 and the 52-week low is $13.8. The company has a market cap of $5,957 million. Shares of Peoples United Financial, Inc. rose by 2.94% in the last five trading days and 0.85% for the last 4 weeks. Peoples United Financial, Inc. is up 4.87% in the last 3-month period. Year-to-Date the stock performance stands at 0.48%.

Currently the company Insiders own 2.9% of Peoples United Financial, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -24.64% . Institutional Investors own 80.8% of Peoples United Financial, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -22.92%. Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Robert E Trautmann (Sr Ex VP, Gen Cnsl & Secretary) sold 232 shares at 18.77 per share price.On Dec 15, 2016, David K Norton (Sr Ex VP & Chief HR Offcr) sold 43,745 shares at 19.34 per share price.On Dec 9, 2016, Jeffrey J Tengel (Sr. Executive Vice President) sold 195,883 shares at 20.04 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.People's United Financial was Initiated by Wells Fargo to Market Perform on Jan 6, 2017. People's United Financial was Resumed by JP Morgan to Neutral on Jan 5, 2017. Company shares were Upgraded by FBR & Co. on Dec 20, 2016 to Mkt Perform, Raises Price Target to $ 20 from a previous price target of $15 .People's United Financial was Downgraded by Sandler ONeill to Sell on Dec 2, 2016.

People's United Financial Last issued its quarterly earnings results on Jan 19, 2017. The company reported $0.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.24.Analysts expectations of $ 340.25.During the same quarter in the previous year, the company posted $0.22 EPS.

Peoples Bank is a diversified financial services company providing consumer and commercial banking services, in addition to insurance, trust and financial advisory services. Through its subsidiaries, Peoples provides brokerage and financial advisory services, asset management, equipment financing and insurance services.



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