Prudential Public Limited Company (NYSE:PUK) Declares Dividend of $0.18

Prudential Public Limited Company (NYSE:PUKGet Free Report) announced 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 is Friday, September 11th.

Prudential Public has decreased its dividend by an average of 0.0%per year over the last three years. Prudential Public has a dividend payout ratio of 30.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Prudential Public to earn $2.31 per share next year, which means the company should continue to be able to cover its $0.71 annual dividend with an expected future payout ratio of 30.7%.

Prudential Public Trading Down 2.2%

PUK opened at $27.69 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.04 and a current ratio of 0.04. The stock’s 50 day simple moving average is $28.15 and its 200 day simple moving average is $29.11. Prudential Public has a 1-year low of $24.61 and a 1-year high of $34.03.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of PUK. Manchester Capital Management LLC raised its position in shares of Prudential Public by 1,103.0% during the 4th quarter. Manchester Capital Management LLC now owns 794 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 728 shares during the last quarter. Mcguire Capital Advisors Inc. acquired a new stake in Prudential Public during the 4th quarter valued at $29,000. Larson Financial Group LLC increased its position in Prudential Public by 626.8% during the third quarter. Larson Financial Group LLC now owns 1,657 shares of the financial services provider’s stock worth $46,000 after buying an additional 1,429 shares in the last quarter. Allworth Financial LP increased its position in Prudential Public by 47.0% during the fourth quarter. Allworth Financial LP now owns 1,502 shares of the financial services provider’s stock worth $47,000 after buying an additional 480 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its holdings in shares of Prudential Public by 2,583.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,549 shares of the financial services provider’s stock worth $79,000 after acquiring an additional 2,454 shares during the last quarter. 1.90% of the stock is owned by hedge funds and other institutional investors.

Prudential Public Company Profile

(Get Free Report)

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.

See Also

Dividend History for Prudential Public (NYSE:PUK)

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