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PBCT Named Top 25 SAFE Dividend Stock Increasing Payments For Decades

People's United Financial Inc (Symbol: PBCT) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 5.1% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.

According to the ETF Finder at ETF Channel, People's United Financial Inc is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 2.52% of the SPDR S&P Dividend ETF (SDY), which holds $442,462,019 worth of PBCT shares.

People's United Financial Inc (Symbol: PBCT) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.

The annualized dividend paid by People's United Financial Inc is $0.72/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 10/30/2020. Below is a long-term dividend history chart for PBCT, which the report stressed as being of key importance.

PBCT+Dividend+History+Chart

PBCT operates in the Banking & Savings sector, among companies like JPMorgan Chase & Co (JPM), and Bank of America Corp (BAC).

Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades »

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

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