TFC May 2024 38.000 put
| Previous close | 0.1900 |
| Open | 0.0100 |
| Bid | 0.0000 |
| Ask | 0.0100 |
| Strike | 38.00 |
| Expiry date | 2024-05-03 |
| Day's range | 0.0100 - 0.0200 |
| Contract range | N/A |
| Volume | |
| Open interest | 998 |
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
UPDATE 3-Truist sells nearly $28 bln of low-yield investments
Truist Financial said on Tuesday it has sold $27.7 billion of low-yielding investments to focus on better alternatives as part of a repositioning the lender expects will help it post higher revenue in 2024 than previously forecast. 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.
