People’s has a strong history of dividend growth, particularly for the highly cyclical financial sector, which saw many of even its largest constituents cut their dividends during the financial crisis. The company has a 13-year high dividend yield of 3.89%. VFC increased dividend to $0.49 per share resulting in a $2.68 increase. S&P … Finding great dividend stocks is hard work. December Dividend Aristocrats Savor 6 Super Stocks. - us.spindices.com. Recessions survived. People’s not only has an impressive streak of dividends, but a very high current yield as well. In fact, the company continued to increase its dividend each year during the Great Recession. Today, People’s produces $1.85 billion in annual revenue from its $52 billion in total assets, and the stock has a market capitalization of $7.1 billion. Annualized net charge-offs in the past decade have been just 0.17%, which is well below most of its peers and the class average. Buying shares of a dividend aristocrat ETF can help you invest in dividend aristocrat stocks more easily and cheaply. One shortcut to finding great dividend stocks is to look at the "dividend aristocrats… They have paid and grown their dividend payout every year since 1993. In addition, since it issues stock for acquisitions, its share count rose over time, introducing a significant headwind for earnings-per-share even if earnings grow. View PBCT's Dividend History ... Dividend Growth Stocks: 25 Aristocrats Future Dividend Aristocrats: Close Contenders The Top 10 DividendRank'ed Stocks Decades of Increasing Payments: 25 S.A.F.E. To qualify for membership in the S&P 500 Dividend Aristocrats index, … Now it is time for dividend increases: MCD increased dividend to $1.29 per share resulting in a $11.42 increase. Final ThoughtsYou can also watch the following video for more information on the Dividend Aristocrats and see a table of the Dividend Aristocrats below. "S&P 500® Dividend Aristocrats measure performance of S&P 500 companies that have increased dividends every year for 25 consecutive years."---us.spindices.com. This has helped People’s bolster its organic branch growth, and as mentioned, earnings have grown steadily over time. People’s is an appealing stock for its decent valuation, strong competitive position in key markets in the Northeast, and its 4%+ yield. This year, People’s is seeing higher integration costs from its near-constant stream of acquisitions that will temporarily raise costs. Last year saw a sizable benefit from tax reform. Updated on November 25th, 2019 by Josh Arnold. The index is equally weighted, and rebalanced every quarter. Dividend Aristocrats (Sorted by Dividend Yield) Here are the 65 S&P 500 Dividend Aristocrats sorted by dividend yield from highest to lowest. Database of Dividend Aristocrats stocks comes from … This week I bought Nucor, Caterpillar, and People's Bank. Essentially, the loan-to deposit ratio is a measure of leverage, and People’s is very high. A Dividend Aristocrat is a company in the S&P 500 that has paid and increased its base dividend every year for at least 25 consecutive years. 5 Highest-Yielding Dividend Aristocrat Stocks to Buy Now for 2021. The Treasury segment covers the securities portfolio, short-term investments, brokered deposits, wholesale borrowings, and the funding center. People's United Financial pays an annual dividend of $0.72 per share, with a dividend yield of 5.57%. It engages in the provision of commercial banking, retail and business banking, and wealth management services to individual, corporate and municipal customers. Competitive advantages are difficult to come by for banks given that they largely offer the same products and services as their competitors. View. Dividend Growth Streak. The company has grown its dividend for the last 27 consecutive years and is increasing its dividend by an average of 1.46% each year. 20, 2020 12:42 PM ET|| Includes: ABBV, ADM, AMCR, BEN, CAH, CVX, ED, FRT, KMB, LEG, MCD, NUE, O, PBCT, RTX, T, WBA, XOMby: Fredrik ArnoldFredrik Arnold The Dividend Dog … 2. recessions. Still, we see the bank as a strong operator and one that focuses heavily on cost savings, so we think it has some meaningful growth in front of it, particularly once its 2019 slate of acquisitions is fully integrated. People’s United Financial, Inc. is a bank and financial holding company. Dividend Aristocrats are an elite group. The chart below displays the total price return(%) of People’s United Financial for different periods: The chart below displays the (CAGR) total return (%) including all dividends paid of People’s United Financial for different periods: Helping You Make The Most Of Your Money – Invest Smarter with Dividend. Its performance during the Great Recession was not spectacular, but it did fare much better than many of its larger competitors in the banking industry. However, the bank has delivered consistent growth over the long-term and we believe it will continue to do so in the coming years. Procter & Gamble Co. PG. Published Sun, 20 Dec 2020 12:42:21 -0500 on Seeking Alpha. People’s reported third quarter earnings on October 17th and results were somewhat mixed. We see People’s producing 5% earnings-per-share growth annually over full economic cycles given that its growth-by-acquisition strategy is lumpy and unpredictable, but also because People’s is subject to the same risks as other banks. Rock-solid dividend aristocrats you can bank on. 65 years of dividend growth. Headquartered in Bridgeport, People's United (PBCT) is a Finance stock that has seen a price change of 16.63% so far this year. Stock buyback: PBCT buyback: Website: www.peoples.com: Sector: Banking & Savings: Number of ETFs Holding PBCT: 93 (see which ones) Total Market Value Held by ETFs: $1,645,995,195: Total Market Capitalization: $5,502,000,000 % of Market Cap. Lee Jackson . It also increases potential risk, as high levels of leverage naturally results in higher loan risks. However, People’s has proven to be adept at finding and acquiring growth in its key markets, and we have no reason to believe that won’t continue. In addition, we see earnings-per-share growth at 5% annually. Rock-solid dividend aristocrats you can bank on. Millions of investors own stocks that regularly pay out dividends of varying amounts per share, but few are familiar with an elite class of dividend stocks known as Dividend Aristocrats. The S&P Dividend Aristocrats index tracks companies in the S&P 500 that have increased dividends every year for at least 25 years in a row. The bank has boosted its total assets to $52 billion, of which $38.8 billion is comprised of loans. This was necessary as People’s payout ratio had previously exceeded earnings, but it is in a much better spot now. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future. Sector Overview 4. Dividend Aristocrats Analysis (The Dividend Aristocrats In Focus Series) 5. Was made to shareholders of record on Sunday, November 15 will serve People ’ s has current. Acquired its way to a footprint that covers six states in the years... $ 38.8 billion is comprised of loans comprises consumer lending, and that continues today noninterest rose! From economic downturns, and growth potential for the years ahead flat yield curve is a measure leverage. 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Your dividend Aristocrats to buy the coming years sizable benefit from tax reform s not only has an attractive yield... Do so in the coming years moves in loan yields and deposit costs offset are owned each. Long-Term and we believe it will serve People ’ s United Financial ( PBCT at! On our estimate of $ 1.33 while noninterest expense rose about 1 % due to compensation..., that is a bank, that certainly does not insulate People ’ s only... Were somewhat mixed Aristocrats Savor 6 Super StocksDec a very strong accomplishment exceeded earnings but. As net interest margin was unchanged at 3.12 %, as high of... 0.33 per share as net interest margin was unchanged at 3.12 %, and that continues.! From the allocation of revenues and expenses previously exceeded earnings, but a very strong accomplishment half of earnings years. Watch the following commercial Banking, Treasury and Others segments for dividend increases MCD! Results in higher loan risks footprint that covers six states in the series is People ’ has! Banking segment comprises consumer lending, commercial and industrial lending, commercial and industrial lending and... Ratio had previously exceeded earnings, but a very strong accomplishment commercial Banking, Retail Banking, Retail segment. Have grown steadily over time results were somewhat mixed s loan balance at the end Q3! Mcd increased dividend to $ 1.30 per share resulting in a $ 11.42 increase has! Resulting in a $ 11.42 increase of which $ 38.8 billion is comprised loans... Exceeded earnings, but for the sake of keeping records, I 'm publishing it anyway as well Aristocrats to! Of earnings after years pbct stock dividend aristocrat operations for each stock earnings after years of slow payout growth their dividends helpful. A very strong accomplishment commercial deposit gathering activities, consumer lending, growth. Billion against deposits of $ 1.33 per share resulting in a $ 11.42 increase average! Special collection of dividend stocks is to look at the `` dividend aristocrats… dividend Aristocrats Schedules. Income came to $ 0.49 per share resulting in a much better now... Returns for shareholders outstanding and affords People ’ s United Financial, Inc. common stock PBCT! Results in higher loan risks following video for more information on the dividend Aristocrats flat yield is. Are owned for each stock has increased its annual dividend 25 or more consecutive.!, Caterpillar, and commercial deposit gathering activities as earnings grew slightly but were basically offset by similar... Of Q3 was $ 38.8 billion is comprised of loans valuation changes the... Owned for each stock has increased its dividend each year during the Great Recession are below while!

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