TFC Jan 2025 47.500 call
| Previous Close | 1.0000 |
| Open | 1.0400 |
| Bid | 1.0500 |
| Ask | 1.0900 |
| Strike | 47.50 |
| Expire Date | 2025-01-17 |
| Day's Range | 1.0400 - 1.0400 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 2.95k |
ZacksTruist (TFC) Closes TIH Sale, Repositions Balance Sheet
Truist (TFC) completes the sale of its subsidiary, TIH, and executes a balance sheet repositioning strategy. Driven by these, the company's 2024 total revenues will be higher than previously expected.
GuruFocus.comTruist Financial Corp's Dividend Analysis
Truist Financial Corp (NYSE:TFC) recently announced a dividend of $0.52 per share, payable on 2024-06-03, with the ex-dividend date set for 2024-05-09. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Truist Financial Corp's dividend performance and assess its sustainability.
- Reuters
Truist sells nearly $28 billion of low-yield investments
Rate hikes by the U.S. Federal Reserve have created an incentive for banks to rejig their investment portfolios. Lenders that bought bonds during the near zero-interest rate era are looking to offload those securities and replace them with higher-yielding alternatives. Banks are also building capital to deal with potentially tougher scrutiny as regulators get ready to finalize the Basel III proposals, though Fed Chair Jerome Powell hinted in March the rules could be much less burdensome than the industry had previously expected.
