SunTrust Banks, Inc. (STI) Ex-Dividend Date Scheduled for May 29, 2013


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SunTrust Banks, Inc. ( STI ) will begin trading ex-dividend on May 29, 2013. A cash dividend payment of $0.1 per share is scheduled to be paid on June 14, 2013. Shareholders who purchased STI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 100% increase over the prior quarter. At the current stock price of $31.94, the dividend yield is 1.25%.

The previous trading day's last sale of STI was $31.94, representing a -2.32% decrease from the 52 week high of $32.70 and a 52.39% increase over the 52 week low of $20.96.

STI is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). STI's current earnings per share, an indicator of a company's profitability, is $3.76. Zacks Investment Research reports STI's forecasted earnings growth in 2013 as -24.6%, compared to an industry average of 2.8%.

For more information on the declaration, record and payment dates, visit the STI Dividend History page.

Interested in gaining exposure to STI through an Exchange Traded Fund [ETF]?
The following ETF(s) have STI as a top-10 holding:

  • iShares Dow Jones U.S. Regional Banks Index Fund ( IAT )
  • N/A (PJB)
  • PowerShares KBW Bank Portfolio ETF ( KBWB )
  • PowerShares Dynamic Financial ( PFI )
  • PowerShares Dynamic LargeCap Value ( PWV ).

The top-performing ETF of this group is KBWB with an increase of 19.26% over the last 100 days. IAT has the highest percent weighting of STI at 5.12%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: IAT , JPM , KBWB , PFI , PWV , STI , WFC

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