SunTrust Banks, Inc. ( STI ) will begin trading ex-dividend on August 27, 2014. A cash dividend payment of $0.2 per share is scheduled to be paid on September 15, 2014. 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 $38.45, the dividend yield is 2.08%.
The previous trading day's last sale of STI was $38.45, representing a -6.8% decrease from the 52 week high of $41.26 and a 21.72% increase over the 52 week low of $31.59.
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 $2.55. Zacks Investment Research reports STI's forecasted earnings growth in 2014 as 11.62%, compared to an industry average of -.4%.
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 )
- iShares Russell MidCap Value Index Fund ( IWS )
- ProShares Ultra Russell MidCap Value ( UVU ).
The top-performing ETF of this group is UVU with an increase of 12.82% over the last 100 days. IAT has the highest percent weighting of STI at 5.49%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.