Prudential Public Limited Company (PUK) to Issue Dividend of $0.18 on October 22nd

Prudential Public Limited Company (NYSE:PUK) declared a dividend on Thursday, August 27th. Stockholders of record on Friday, September 11th will be paid a dividend of 0.1776 per share by the financial services provider on Thursday, October 22nd. This represents a dividend yield of 128.0%. The ex-dividend date of this dividend is Friday, September 11th.

Prudential Public has decreased its dividend by an average of 0.0%annually over the last three years. Prudential Public has a dividend payout ratio of 14.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Prudential Public to earn $2.33 per share next year, which means the company should continue to be able to cover its $0.33 annual dividend with an expected future payout ratio of 14.2%.

Prudential Public Trading Down 1.2%

Prudential Public stock opened at $27.41 on Wednesday. The company’s fifty day moving average price is $28.29 and its 200 day moving average price is $28.93. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.03 and a quick ratio of 0.04. Prudential Public has a 1 year low of $24.61 and a 1 year high of $34.03.

Prudential Public (NYSE:PUK) last posted its quarterly earnings data on Friday, August 14th. The financial services provider reported $0.58 earnings per share for the quarter. The company had revenue of $3.90 billion for the quarter. On average, sell-side analysts forecast that Prudential Public will post 1.98 EPS for the current fiscal year.

Institutional Investors Weigh In On Prudential Public

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Transmarket Holdings LP acquired a new stake in shares of Prudential Public during the first quarter worth about $4,790,000. Bank of America Corp DE boosted its stake in shares of Prudential Public by 5.6% in the first quarter. Bank of America Corp DE now owns 4,470,630 shares of the financial services provider’s stock valued at $127,100,000 after purchasing an additional 238,189 shares during the period. UBS Group AG grew its holdings in shares of Prudential Public by 11.3% in the fourth quarter. UBS Group AG now owns 177,598 shares of the financial services provider’s stock valued at $5,527,000 after purchasing an additional 18,060 shares in the last quarter. Madison Asset Management LLC acquired a new position in shares of Prudential Public in the second quarter valued at approximately $2,366,000. Finally, Dimensional Fund Advisors LP increased its stake in Prudential Public by 9.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,826,101 shares of the financial services provider’s stock worth $80,201,000 after buying an additional 240,416 shares during the period. Institutional investors and hedge funds own 1.90% of the company’s stock.

About Prudential Public

Prudential Public (NYSE: PUK) is the New York listing for Prudential plc, a London‑headquartered international life insurance and financial services group. The company provides a range of long‑term savings, retirement and protection products designed for individual and institutional customers. Its core offerings include life insurance, pensions and annuities, group protection, and wealth and asset management services delivered through both proprietary and third‑party distribution channels.

Prudential operates across multiple regions, with significant focus on fast‑growing markets in Asia and Africa alongside its established businesses in Europe and other international markets.