SunTrust Banks, Inc. ( STI ) will begin trading ex-dividend on February 27, 2019. A cash dividend payment of $0.5 per share is scheduled to be paid on March 15, 2019. Shareholders who purchased STI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that STI has paid the same dividend.
The previous trading day's last sale of STI was $65.77, representing a -12.4% decrease from the 52 week high of $75.08 and a 42.82% increase over the 52 week low of $46.05.
STI is a part of the Finance sector, which includes companies such as J P Morgan Chase & Co ( JPM ) and Bank of America Corporation ( BAC ). STI's current earnings per share, an indicator of a company's profitability, is $5.74. Zacks Investment Research reports STI's forecasted earnings growth in 2019 as 2.36%, compared to an industry average of 7.5%.
Interested in gaining exposure to STI through an Exchange Traded Fund [ETF]?
The following ETF(s) have STI as a top-10 holding:
- First Trust Nasdaq Bank ETF ( FTXO )
- iShares U.S. Regional Banks ETF ( IAT )
- Invesco KBW Bank ETF ( KBWB )
- SPDR S&P Regional Banking ETF ( KRE )
- Invesco S&P 500 Equal Weight Financial ETF ( RYF ).
The top-performing ETF of this group is RYF with an decrease of -2.51% over the last 100 days. FTXO has the highest percent weighting of STI at 7.19%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.