SunTrust Banks overview. Consumer Banking provides services to consumers and branch-managed small business clients through a network of traditional and in-store branches, ATMs, the Internet (www.suntrust.com), mobile banking and by telephone (1-800-SUNTRUST). The Corporate Other segment includes the Company's functional activities, such as marketing, human resources, finance, Enterprise Risk, legal and compliance, communications, procurement, enterprise information services, corporate real estate and executive management. The Treasury and Payment Solutions business provides its clients with services required to manage their payments and receipts, combined with the ability to manage and optimize their deposits across all aspects of their business. SunTrust declared a quarterly cash dividend of 40 cents per share, up a whopping 54% from the prior payout. SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, institutions, and not-for-profit entities in the United States. 2/13/2020. The Bank provides clients with a selection of full-, self- and assisted-service channels, including branch, call center, Teller Connect machines, automated teller machines (ATMs), Internet, mobile and tablet. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.6. See Ratings...FREE! The Consumer Banking business also serves as an entry point for clients and provides services for other lines of business. At current levels, this dividend payment is sustainable – and estimates for forward earnings are 16 cents per share in Q3. The Company's principal subsidiary is SunTrust Bank (the Bank). regular cash. Back in December of 2013 I recommended a preferred stock issued by SunTrust that has done quite well. CIB delivers capital markets solutions, including advisory, capital raising and financial risk management, with the goal of serving the needs of both public and private companies. Free cash flow for STI has a compound average growth rate of 73.61%, which is higher than 91.5% of stocks in our dividend set. Dividend Reliability. ATLANTA, Aug. 13, 2019 /PRNewswire/ -- The board of directors of SunTrust Banks, Inc. (NYSE: STI) has declared a regular quarterly cash dividend of $0.56 per common share, an increase of … SunTrust Banks, Inc., incorporated on July 24, 1984, is a provider of financial services. The Treasury and Payment Solutions business also provides clients the means to manage their accounts electronically online, both domestically and internationally. Suntrust Banks, Inc. Just click the link Investment Banking serves select industry segments, including consumer and retail, energy, financial services, healthcare, industrials, and technology, media and communications. Dividend Yield and Dividend History Highlights. The Wholesale Banking segment includes the operations of the Corporate and investment banking (CIB), Commercial and Business Banking, Commercial Real Estate, and Treasury and Payment Solutions businesses. The previous Suntrust Banks, Inc. dividend was 56c and it went ex over 1 year ago and it was paid over 1 year ago. shares you hold and we'll calculate your dividend payments: Sign up for Suntrust Banks, Inc. and we'll email you the dividend information when they declare. For many investores a low cost brokerage such as Sharebuilder will be the lowest cost holding vehicle for your STI investment. SunTrust Banks pays an annual dividend of $2.24 per share and currently has a dividend yield of 3.19%. stock offering, which allows it to dribble out shares to investors over time. appreciate its future potential. You can unlock it all now. We accept no liability whatsoever for any decision made or action taken or not taken. SunTrust Banks, Inc. (STI) dividend growth history: By month or year, chart. The table below shows the full dividend history for Suntrust Banks, Inc. We have 9 different ratings for every stock to help you Financial products and services offered to consumers and small business clients include deposits and payments, loans, brokerage and various fee-based services. The Suntrust Direct Stock Purchase Plan offers a mediocre holding vehicle for your Suntrust investment with its account setup fees, and average investment fees, but has no dividend reinvestment fees. All 'A' Rated Buy Stocks, • 2 Sizzling Software Stocks to Snatch-Up This Spring, • 1 Gambling Stock to Buy Right Now and 1 to Avoid. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. Get the free 2021 Dogs of the Dow Checklist. This gives an annualized payment of 48 cents, and an impressive yield of 13.9%. SunTrust plans to issue common stock worth $1.25 billion through an "at-the-market" offering, it said. STI Dividend History & Description — SunTrust Banks Inc. SunTrust Banks is a financial services holding company. Nevertheless, there is plenty of room for the bank to grow its dividend. As of December 31, 2016, the Company had total deposits of $160 billion. CHARLOTTE, N.C., Oct. 27, 2020 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE: TFC) declared a regular quarterly cash dividend of $0.45 per common share, payable on December 1, 2020, to shareholders of record at the close of business on November 13, 2020. As of December 31, 2016, the Company's total loans held for investment amounted to $143.3 billion. Institutional clients are served by the Institutional Investment Solutions business. Sign Up to See Your account is set up to receive Suntrust Banks, Inc. notifications. STI's most recent n/a dividend payment was made to shareholders of record on Monday, November 18. The dividend will be paid on Sep 15 to shareholders on record as of Aug 31. The Commercial and Business Banking business offers an array of traditional banking products, including lending, cash management and investment banking solutions via SunTrust Robinson Humphrey, Inc. (STRH) to commercial clients, not-for-profit organizations and governmental entities, as well as auto dealer financing (floor plan inventory financing). BB&T and … Free cash flow for STI has a compound average growth rate of 73.61%, which is higher than 91.5% of stocks in our dividend set. The Company offers a line of financial services for consumers, businesses, corporations, institutions and not-for-profit entities, both through its branches (located primarily in Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia), and through other national delivery channels. A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. Suntrust Home Developers, Inc. Information on cash or stock dividends for Suntrust Home Developers, Inc. SUN Join. The … 3/2/2020. SunTrust SummitView® Choose an Advisory Service Level; Our Investment Philosophy View Investing & Retirement Menu; How to Invest MENU. STI Most Recent Dividend. $0.45. Investment Banking and Corporate Banking teams within CIB serve clients across the nation, offering a suite of traditional banking and investment banking products and services to companies. Nothing shall substitute for the independent investigations and sound judgement of our users. The Mortgage Banking segment also services loans for other investors, in addition to loans held in the Company's loan portfolio. PWM provides a range of wealth management products and professional services to both individual and institutional clients, including loans, deposits, brokerage, professional investment management and trust services to clients seeking active management of their financial resources. Discount/online and full-service brokerage products are offered to individual clients through STIS. Quick Guide to Retirement > View Investing & Retirement Menu; Investment Solutions MENU. 2/14/2020. The Company's business segments include Consumer Banking and Private Wealth Management, Wholesale Banking, Mortgage Banking and Corporate Other. Is SunTrust Banks a good dividend stock? Types of Investments; Stocks; Bonds; Mutual Funds As of December 31, 2016, the Consumer Banking and Private Wealth Management segment consisted of three primary businesses: Consumer Banking, Consumer Lending and Private Wealth Management (PWM). But I think it’s time to sell that preferred as the price has run up. High dividend yields (usually over 10%) should be considered extremely risky, while low dividend yields (1% or less) are simply not very beneficial to long-term investors. The Corporate Other segment includes management of the Company's investment securities portfolio, long-term debt, end user derivative instruments, short-term liquidity and funding activities, balance sheet risk management and real estate assets. To see all exchange delays and terms of use, please see disclaimer. The amount of the dividend on each Series G Depositary Share ($1,000 liquidation preference per share) will be $25.25; and; a semi-annual cash dividend of $2,562.50 per share on SunTrust's Perpetual Preferred Stock, Series H ($100,000 liquidation preference per share). These products are either sold in the secondary market, primarily with servicing rights retained, or held in the Company's loan portfolio. ATLANTA, Oct. 28, 2019 /PRNewswire/ -- The board of directors of SunTrust Banks, Inc. (NYSE: STI) has declared a regular quarterly cash dividend of $0.56 per common share. The company saw earnings spike to $2.08 per share in Q1, more than enough to support the 29.5 cent monthly dividend payment. SunTrust is the latest bank to announce an A.T.M. The dividend is … Copyright © 2021. The Mortgage Banking segment offers residential mortgage products nationally through its retail and correspondent channels, the Internet (www.suntrust.com) and by telephone (1-800-SUNTRUST). At $3.54 annually, this dividend gives a … About SunTrust Banks, Inc. SunTrust Banks, Inc. (NYSE: STI) is a purpose-driven company dedicated to Lighting the Way to Financial Well-Being for the people, businesses, and communities it serves. The Board also declared regular cash dividends on the following series of preferred stock: Detailed information about SunTrust Banks's financial statements, analyst recommendations, dividends and dividend history. All DividendMax content is provided for informational and research purposes only and is not in any way meant to represent trade or investment recommendations. Add Suntrust Banks, Inc. to receive free notifications when they declare their dividends. The Commercial Real Estate business also offers financing and equity investment solutions for community development and housing projects. The Commercial Real Estate business also provides multi-family agency lending and servicing, as well as loan administration, advisory and commercial mortgage brokerage services. 11/18/2019. The Equipment Finance Group, which is included within CIB, provides lease financing solutions. How many times is the dividend covered by company income. The Commercial Real Estate business provides a range of financial solutions for commercial real estate developers, owners and investors, including construction, mini-perm and permanent real estate financing, as well as financing and equity investment solutions via STRH. PWM also includes GenSpring Family Offices, LLC (GenSpring), which provides family office solutions to ultra-high net worth individuals and their families. Login a quarterly cash dividend of $1,022.22 (1) per share on SunTrust's Perpetual Preferred Stock, Series B ($100,000 liquidation preference per share). above. Dividend Summary. SunTrust Banks, Inc.’s STI board of directors approved a 12% hike in the quarterly common stock dividend. In each case – the slide and the rebound, the stock showed greater movement than the broader markets.For Q1, TSLX reported 51 cents per share earnings, which was stable sequentially and … In addition, this page includes various stock data for SunTrust Banks, such as the latest SunTrust Banks stock price history, total returns, stock price today in addition to fundamental data such as earnings and dividends as well as valuation measures such as dividend yield and PE ratio. Below, we examine the compound annual growth rate — CAGR for short — of an investment into STI shares, starting with a $10,000 purchase of STI, presented on a split-history-adjusted basis factoring in the complete STI stock split history. Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com! The previous Suntrust Banks, Inc. dividend was 56c and it went ex over 1 … The Consumer Lending business products offered include home equity lines, personal credit lines and loans, direct auto, indirect auto, student lending, credit cards and other lending products. The chart below shows the optimized dividends for this security over a rolling 12-month period. SunTrust Banks share dividends. The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price. SunTrust Banks pays an annual dividend of $2.24 per share, with a dividend yield of 3.19%. Discount/online and full-service brokerage products are offered to individual clients through SunTrust Investment Services, Inc. (STIS). It also intends to cut its dividend by 9 cents to 1 cent a share. Looking at the STI stock split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. To conserve capital, the company will also cut its quarterly dividend from its current payout of 10 cents per share to 1 cent per share. Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Stock analysis for SunTrust Banks Inc (STI) including stock price, stock chart, company news, key statistics, fundamentals and company profile. STI's compound annual growth rate of its cash flow over the past 5.75 years is -0.18% -- which is higher than about merely 6.41% stocks we're looking at. ATLANTA, Oct. 28, 2019 /PRNewswire/ -- The board of directors of SunTrust Banks, Inc. (NYSE: STI) has declared a regular quarterly cash dividend of $0.56 per common share. The dividend is … regular cash. Corporate Banking serves clients across diversified industry sectors based on size, complexity and frequency of capital markets issuance. Management, to keep the dividend stable, cut the payment back to 12 cents per share, effective with the July 1 payment. Quick Guide to Investing > View Investing & Retirement Menu; Retirement Planning MENU. You can enroll in the Dividend Reinvestment Plan through Online Shareholder Services. The Dividend Reinvestment Plan is an easy, convenient and affordable way to acquire more Truist stock. The Consumer Lending business offers a range of lending products to consumers and small business clients via the Company's Consumer Banking and Private Wealth Management businesses, through the Internet (www.suntrust.com and www.lightstream.com), as well as through various national offices and partnerships. The holding company for SunTrust Bank is paying out a dividend of $0.4 per share at the moment, with a dividend yield of 2.15% compared to the Banks – … We're not expecting SunTrust Banks to pay a dividend over the next 12 months. If you own at least one share of Truist stock registered in your name, you’re eligible to participate. STI's compound annual growth rate of its cash flow over the past 5.75 years is -0.18% -- which is higher than about merely 6.41% stocks we're looking at. A cover of 1 means all income is paid out in dividends, The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends. DividendMax.com is owned and operated by DividendMax Ltd. We have not made any dividend predictions for Suntrust Banks, Inc. SunTrust Banks pays out 39.30% of its earnings out as a dividend. The Company's other subsidiaries provide capital markets, mortgage banking, securities brokerage, online consumer lending, and asset and wealth management services. SunTrust (STI) increases quarterly dividend to 56 cents per share from 50 cents. 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