The financial crisis of 2007–2008 led to a lot of bank failures in America, including many regional banks. Note that, as risk-averse income investors, we want to see low payout ratios in these extraordinary times because they leave a margin of safety. Brian, I just wanted to let you know your website has been invaluable in managing my retirement portfolio. and most importantly, tone of approach and delivery. In the quest for safe dividends during a time in which payouts are coming under pressure, it might be wise to follow the pros. It helps me easily pick the best dividend stocks and balance the yield, growth and safety to match my needs. And while major indices have bounced back, not every ticker has made a full recovery. You really have a great product that your recent enhancements have made even better. The recent market decline has clearly proven the value of dividend investing. This is an entirely free service. And the greatest compliment I can give you are the many referrals to my friends, relatives and just about anyone who has a shared interest in dividend income investing. Your research and articles are top notch and the tools are not only invaluable, but noticeably improving all the time. I would like to extend my gratitude and say thank you again for investing in the business and providing your customers with excellent service. Now I just smile, knowing that my dividends keep pouring in no matter what the market does. Take a look at the chart below. And that, my dear reader, is why People’s United Financial, Inc. (NASDAQ:PBCT) could be special. It is with the help of your site that I have peace of mind through this (crisis). I've used it to grade the quality of stocks I own. You can opt-out at anytime. When the market suspects a company may be unable to sustain its dividend, the share price will fall and actually push the yield higher - and this can be a trap. This managed account had an almost 1% management fee. Regarding dividend safety, AbbVie said in a company announcement regarding the Allergan acquisition: "The combined company will produce robust cash flow … And a lot more, too! After that, you can cancel anytime in a couple clicks. This represented a substantial decline from the $80.8 million of PCL in the second quarter, and was also lower than the $33.5 billion of PCL in the first quarter. Unsurprisingly, the payout ratio jumped from the first quarter to the second quarter due to the economic downturn. These Are the Highest-Yielding Utility Stocks, American Tower Corp Just Boosted Its Dividend—Even Amid COVID-19, Costco Wholesale Corporation Paying Huge Dividends to Shareholders, Progressive Corp Announces Massive Dividend Hike for Shareholders, What Wall Street Won’t Tell You About IPOs, TCG BDC Inc: 11.6%-Yielding “Alternative Bank” Pays More Than You Think. Brian— You and your team are doing a fantastic job during this crisis. This is an entirely free service. First of all, I want to thank you for your response. Find the latest dividend history for People's United Financial, Inc. Common Stock (PBCT) at Nasdaq.com. (Source: “People’s United Financial Reports Third Quarter Net Income of $144.6 Million, or $0.34 per Common Share,” People’s United Financial, Inc., October 22, 2020.). If you’re thinking of super safe dividend stocks, your mind may start out with the Dividend Aristocrats. No credit card required. Of course, in today’s low-yield environment, high-yield stocks are … As you’d expect, People’s United Financial, Inc.’s business has been impacted by the pandemic. In the banking industry, that’s a stellar track record. To put that in perspective, the bank had $45.2 billion in total loans at the end of September. In this video, we perform a deep dive on People’s United Financial’s dividend safety. Here's just a few of those notes: I am so pleased to have found your company. The result is that, at its current share price, PBCT stock offers a generous annual dividend yield of 5.9%. Your research has made it possible for me to retire early and enjoy a low-stress life. As it stands, PBCT stock looks like a solid high-yield opportunity for income investors. We hate spam as much as you do. Payout ratio calculation and chart. Not this time. People's United Financial, Inc. (PBCT) Dividend Safety metrics. With the dividend yielding over 3% annually now, this should be a dividend stock to sleep soundly with. Also in the third quarter, the company generated operating earnings of $144.7 million. Close. To begin, let’s talk about People’s United Financial’s business model. I set up my mothers portfolios in the Play Portfolio section so I can monitor her and give her advice. As a potential new retiree in 2019 who is very concerned about dividend safety, this month's newsletter hits the mark. This not only marked a huge increase from the $101.0 million earned in the second quarter, but was also higher than the $135.5 million earned in the year-ago period. Yours is one of the best I've ever seen. I can truthfully say that I have made a significant amount of money, thanks to the data and narratives on your website and for that I thank you. Furthermore, your customer service is exceptional. Also important to me in selecting an investment newsletter is the tone set by the publisher. But here’s a fact: People’s United Financial has raised its dividend every year for 27 consecutive years. That means, during the early-2000s recession and the 2007–2008 financial crisis, this regional bank was still increasing the cash payouts to its shareholders. PBCT Safety Price (based on a variable margin of safety) ... A high dividend payout rate may indicate that the share price has fallen recently. I’m not one who usually writes notes like this or even does reviews, but I’ve often thought of your work with gratitude and wanted to let you know. I told you in a previous email that I have been a dividend investor for over 50 years. On October 22, 2020, People's United Finl (NASDAQ: PBCT) declared a dividend payable on November 15, 2020 to its shareholders. And with a market capitalization of about $5.3 billion, People’s United Financial stock does not get much attention from the financial media. Meanwhile, loan deferrals dropped from $7.1 billion on June 30 to approximately $1.6 billion on September 30. I realized I can out estimate my monthly income in retirement as well as work on the diversification of my portfolio. No part of this document may be used or reproduced in any manner or means, including print, electronic, mechanical, or by any information storage and retrieval system whatsoever, without written permission from the copyright holder. Over the course of the last several years, I have tried and paid for (unfortunately) multiple online so-called dividend websites for appropriate dividend information for investing purposes. And that could be an opportunity for dividend investors. Due to the COVID-19 pandemic and its expected economic impact, the U.S. stock market had a major sell-off in March. I will not hesitate to drop a newsletter if I feel there is a lean to over-marketing with all types of emails, alerts and use of fancy text fonts and colors to market stocks in attempts to snag unwary potential subscribers. This is an entirely free service. A "dividend aristocrat" is an elite class of dividend stock that has increased its payout at least once a year for the last 25 years or more. We are looking forward to an early retirement and are fortunate enough to have amassed a nice nest egg to enable this. It shows the company’s operating common dividend payout ratio since the beginning of 2020. I can now sleep comfortably at night without worrying about my portfolio. People's United Financial pays an annual dividend of $0.72 per share, with a dividend yield of 5.57%. I’m 56 years old, married to my wife of 32 years and our kids are on their own. Founded by a former analyst at an investment fund, Simply Safe Dividends is the trusted source of online tools and research for over 2,000 retirees managing their own dividend portfolios. Investing guidance has been a challenge, in which trust is not wisely handed out willy, nilly. Moreover, PBCT has delivered 27 consecutive years of dividend growth. 8 Dividend Stocks That Split the Difference Between Yield and Safety. You see, at a constant-cash payout, a company’s dividend yield moves inversely to its share price. While fixed interest rates from bond investments will lose purchasing power to inflation over time, the purchasing power of income from dividend growth stocks is more protected because companies tend to raise their dividend payments every year. I think it's one of the most important and on-point newsletters you have released! Of course, a solid dividend-growth history does not prevent a company’s share price from fluctuating. Leading up to my retirement in 2018, I liquidated all of my non-stock investments and wanted to set up a retirement plan that revolved around dividend paying stocks. Dividend Yield: 7%: Is People's United Financial Stock on Sale? However, it quickly fell back to a comfortable 52.3% in the third quarter. Dividend articles featuring People's United Financial (PBCT): 2020-05-11 Bert's April Dividend Income Summary 2020-05-07 34 Dividend Boosts Break Quarantine 4/27 To 5/4 2020-05-04 Expected Dividend Increases In May (Hopefully) 2020-05-03 Lanny's May Dividend Stock Watch List 2020-04-27 15 Safe Ultra-High-Yield Dividend Stocks For These Troubled Times 2020-04-25 Dividend Champion And … I purchased 6 more shares during May for a total cost of $203.97. It is a tough time, with so many uncertainties. I didn't even realize that several companies were already cutting or suspending dividends because - thanks to you - those are not the companies I've invested in! Investors should not rely on PBCT's dividend history alone to measure its dividend safety. The best part is that People’s United Financial stock’s generous dividends remained safe. It’s just raised the dividend for the 27th straight year. You guys are doing a great job in keeping the path steady, while recognizing the potential risks. We are retired, for the most part. My heartfelt thanks to you and your team. Dividend Safety Scores — exclusive to Simply Safe Dividends — have your back. You and your associates should be complimented. It feels like I get a dividend raise each time you offer new data or services. The most commonly used metrics to determine the dividends’ safety are available in this list of the stocks with the highest dividends and include: Keep up the great work! https://www.incomeinvestors.com/peoples-united-financial-inc-bank-stock/59005/, People’s United Financial, Inc.: Why This Bank Stock Could Be Better Than Others. we are so grateful to find we can safely repose that trust in you. Unlike the the Dividend Aristocrats, Dividend Champions are not necessarily members of the S&P 500 index.. I greatly appreciate this. For instance, the bank’s provision for credit losses (PCL) was $26.8 million in the third quarter of 2020. People’s United Financial (PBCT) Updated November 3rd, 2020 by Aristofanis Papadatos Disclosure: This analyst has no position in the security discussed in this research report, and … Another bank in the S&P 500, People’s United Financial (PBCT), plans to boost its dividend as well. If you subscribe and decide within 60 days the service isn't a good fit, we will refund you every penny — no questions asked. Thanks for all of your outstanding work and effort you bring in your newsletter and your straight forward stock/company research. Better yet, People’s United Financial’s dividend did not just remain constant—it was rising. I am a very happy member who checks in regularly for updates due to the current market conditions. No credit card required. I could tell that the updates have been coming fast but when I saw an update late Saturday night I was just astounded. I am a very happy member who checks in regularly for updates due to the current market conditions. It is with the help of your site that I have peace of mind through this (crisis). This indicates the stock looks reasonably valued today. I just turned 70 and have used quite a few financial service providers over the years but I have to say that I believe Simply Safe Dividends provides more value than any of the others. Dividend Champions are companies which have increased their dividend for 25 or more consecutive years. I did a lot of research before subscribing to your service and nothing comes close to the quality and comprehensiveness of your service. PBCT's most recent quarterly dividend payment was made to … Banking on housing's growth. So as People’s United Financial stock tanked, its yield went up. I’ve found nothing that comes even close. I could write volumes about the benefits I’ve reaped and the control with which I’ve been empowered – I’m sure you hear this from many of your subscribers. After 33 years and now retired as a stock broker from the financial services industry, this tool is the best I have seen and used. PBCT shares are priced at a 9.5 forward P/E, which is an 18% discount to banking industry peers and … Like everyone I like the market to go up but since I have become a dividend investor I find myself focusing on when/how much the next dividend increase will be for my portfolio. I just wanted to say THANK YOU for the content you have been putting out. I would like to extend my gratitude and say thank you again for investing in the business and providing your customers with excellent service. Simply Safe Dividends is the first site that actually fulfills my needs as well as shows honesty and integrity. I started searching for a tool that would allow me to search for dividend paying stocks that were safe and had prospects for growth, that I could manage myself and save on the management fee. Click here for a printer-friendly version of this chart. You and Matt are the best and truly have built the best dividend investing website I have ever seen. We hate spam as much as you do. First off, I love your service, it has really helped prepare me for these trying times. I did a lot of research before subscribing to your service and nothing comes close to the quality and comprehensiveness of your service. Usually we customers only ping you when we need something or have a problem. Perhaps one of the reasons has to do with what happened to banks just over a decade ago. If a stock’s yield is above or near the market average then it will be rated higher within this parameter. It feels like I get a dividend raise each time you offer new data or services. 10.6%-Yielding “Alternative Bank” Offering a Big Discount? I have proven to myself that the 4% withdrawal rule makes no sense as I have constructed a portfolio that has a yield on cost of 4% with an average dividend increase of over 8%/year with good safety ratings. The Dividend Champions List was created by … I love being in control and making my own decisions based upon good analysis. Of course, in today’s low-yield environment, high-yield stocks are not exactly known for their dividend safety. PBCT dividend yield, history, payout ratio, dividend safety rating, cash flow, estimated dividend growth & much more! This payout ratio represents safety and room for future dividend growth. BSD and Quadrix scores are percentile rankings, with 100 the highest score. I am constantly amazed with all the data you have provided me since I've been onboard with you. I've been investing for over 35 years and have received advice from many professionals. After a couple of months of using your updated website, I am your number one fan. People's United Financial Inc (Symbol: PBCT) has been named to the Dividend Channel ''S.A.F.E. Be sure that the company is worth investing in before you chase high dividend yields! It helps me easily pick the best dividend stocks and balance the yield, growth and safety to match my needs. Right now, for me personally, your newsletter strikes a perfect balance in holdings information, new investment advisement, very limited marketing to build a client base (yes, rely on referrals!) Check out our privacy policy. In these trying times, I just wanted to take a moment to thank you for the outstanding advisory service and tools you provide. We've spent more than 10,000 hours of research to create a scoring system that assesses how likely a company is to cut its dividend. Dividend Stocks,People's United Financial Stock, https://www.incomeinvestors.com/wp-content/uploads/2020/11/hands-with-money-at-bank-office-or-exchanger-PXSCB2B-150x150.jpg, People’s United Financial Reports Third Quarter Net Income of $144.6 Million, or $0.34 per Common Share. The largest ETF holder of PBCT is the SPDR S&P Dividend ETF (SDY), with approximately 31.60M shares. Last updated on 12/31/2020. Ready Capital Corp: This 11.4% Yielder Just Raised Its Payout. I hope you are all well and please keep up the incredible work you do and know that I and many other clients rely and appreciate your hard work. I used to live and die daily on the ups and downs of the market. Our deep gratitude to you, for your pragmatic, focused efforts and advices. I simply love your program. Here's why Simply Safe Dividends stands out: One simple price, all inclusive. Having retired last year and living exclusively off my dividends, your service is custom-made for my needs. On April 23, the company’s board of directors voted to increase the common stock quarterly dividend from $0.1775 per share to $0.18 per share. © Copyright 2021: Income Investors. Dividend Yield: 1.64%. People’s United Financial (PBCT) Valuation People’s United Financial’s current dividend yield of 4.04% is -1% below its 5-year average. To date, we've caught over 98% of dividend cuts in advance. This is a look at People's United Financial, Inc. (NASDAQ:PBCT), a regional bank stock that offers a generous annual dividend yield of 5.9%. Check out our privacy policy. Thanks to your service, I am funding our retirement without having to touch any principal, at a rate that is still allowing me to add to my savings. PBCT has a risk rating of 1.75 which classifies it as a Medium risk stock. I feel lucky being an early client. People are quick to complain but sometimes fail to provide feedback on a great product. Headquartered in Bridgeport, CT, People’s United Financial is the owner of People’s United Bank, a regional bank in the Northeast with more than $60.0 billion in assets. The 5-year average dividend yield is 4.07% (see red-line in chart). This dividend growth rate is above the 0.3% used in this analysis, thus providing no margin of safety. Thanks so much and keep doing what you do best. Just a short note of introduction and to say thank you for the work that you do. Dividend-Paying Stocks in the S&P 1500 Index Click on a column name to sort. I’ve found nothing that comes even close. Royal Bank of Canada: Earn a Solid 4% Yield from a Foreign Bank? PBCT | Complete People's United Financial Inc. stock news by MarketWatch. There are a lot of regional banks in the U.S. that pay a decent dividend, but income investors don’t always look at them. Since our founding in 2015, we've received countless unsolicited emails from customers with stories of how our service has helped them. All rights reserved. By signing up, you agree to our Terms of Service. You guys are doing a great job in keeping the path steady, while recognizing the potential risks. Bottom line: People’s United Financial, Inc. offers oversized dividends and has had no problem covering its payout, even during the current pandemic. So 27 years ago it started raising dividends. No upsells, no surprise price hikes, no gimmicks. Dividend Reliability. But this does not necessarily mean investors need to sacrifice dividend safety to reach for the highest yields they can find. Simply Safe Dividends is the first site that actually fulfills my needs as well as shows honesty and integrity. I just wanted to comment on the quality and effectiveness of the Simply Safe Dividends Portfolio Tool. The bank provides commercial and retail banking, as well as wealth management services, through a network of more than 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire, and Maine. That’s a long time ago. So, I don't know if you get a lot of positive feedback, but thanks for all that you are doing! The result is that, at its current share price, PBCT stock offers a generous annual dividend yield of 5.9%. For years past we have searched and searched, while making as educated choices as we could given what was available to maintain dividend income. People’s United Financial, Inc. (Nasdaq: PBCT) 6.2% yield. So the safest high-yielding dividend stock that’s not a REIT or MLP that I’ve found is… 3. Keep up the great work - I tell every person I can about Simply Safe Dividends! The ratio is calculated by dividing common dividends paid by operating earnings for each reporting period. Keep up the good work. PBCT stock, for instance, is still down more than 25% year-to-date. Just hit my first annual renewal date and happily "pushed the button". 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. No credit card required. But according to the company’s latest earnings report, things have started to improve. (Source: “Common Dividend History,” People’s United Financial, Inc., last accessed November 19, 2020.). Was this user's rating of 'PBCT' helpful to you? It has since been updated to include the most relevant information available.] And then, Simply Safe Dividends, we are so grateful to find we can safely repose that trust in you. I just turned 70 and have used quite a few financial service providers over the years but I have to say that I believe Simply Safe Dividends provides more value than any of the others. These are trying times and it is important to keep our wits about us as we experience this. I finally feel comfortable with my portfolio knowing that my dividend picks are safe. People's United Finl also announced... Navellier Ratings Dividend income investors are extremely sensitive to dividend cuts because their main motivation of stock picking is dividend income. Your research has made it possible for me to retire early and enjoy a low-stress life. Our final list of five has, on average, 31 years of dividend history that includes four dividend-aristocrats, 16.3% and 13.19% annualized dividend growth during the last five and ten years, above-average credit rating, and trading on an average of 16% discount from their 52-week highs. Your research and articles are top notch and the tools are not only invaluable, but noticeably improving all the time. PBCT has been fairly aggressive in its growth plan. You can opt-out at anytime. And because of the severity of the pandemic-induced recession, past performance really does not guarantee future results these days.
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