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SunTrust Banks, Inc. (STI) Ex-Dividend Date Scheduled for August 28, 2013
By: NASDAQ.com News
SunTrust Banks, Inc. ( STI ) will begin trading ex-dividend on August 28, 2013. A cash dividend payment of $0.1 per share is scheduled to be paid on September 16, 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 same period a year ago. At the current stock price of $33.77, the dividend yield is 1.18%.
The previous trading day's last sale of STI was $33.77, representing a -6.94% decrease from the 52 week high of $36.29 and a 36.89% increase over the 52 week low of $24.67.
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 $3.94. Zacks Investment Research reports STI's forecasted earnings growth in 2013 as -23.93%, compared to an industry average of 6.2%.
Interested in gaining exposure to STI through an Exchange
Traded Fund [ETF]?
The following ETF(s) have STI as a top-10 holding:
- iShares U.S. Regional Banks ETF ( IAT )
- PowerShares KBW Bank Portfolio ETF ( KBWB )
- First Trust Value Line Equity Allocation Index(sm)Fund ( FVI )
- iShares Russell MidCap Value Index Fund ( IWS ).
The top-performing ETF of this group is FVI with an increase of 21.23% over the last 100 days. IAT has the highest percent weighting of STI at 5.32%.