Prudential Financial, Inc. ( PRU ) will begin trading ex-dividend on August 22, 2014. A cash dividend payment of $0.53 per share is scheduled to be paid on September 18, 2014. Shareholders who purchased PRU stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that PRU has paid the same dividend. At the current stock price of $89.29, the dividend yield is 2.37%.
The previous trading day's last sale of PRU was $89.29, representing a -3.66% decrease from the 52 week high of $92.68 and a 20.5% increase over the 52 week low of $74.10.
PRU is a part of the Finance sector, which includes companies such as China Life Insurance Company Limited ( LFC ) and Prudential Public Limited Company ( PUK ). PRU's current earnings per share, an indicator of a company's profitability, is $5.94. Zacks Investment Research reports PRU's forecasted earnings growth in 2014 as .05%, compared to an industry average of -2.9%.
Interested in gaining exposure to PRU through an Exchange Traded Fund [ETF]?
The following ETF(s) have PRU as a top-10 holding:
- iShares U.S. Insurance ETF ( IAK )
- PowerShares KBW Insurance Portfoliio ETF ( KBWI )
- SPDR MFS Systematic Value Equity ETF ( SYV )
- SPDR S&P Insurance ETF ( KIE ).
The top-performing ETF of this group is IAK with an increase of 4.98% over the last 100 days. It also has the highest percent weighting of PRU at 7.25%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.