PBCT shares are priced at a 9.5 forward P/E, which is an 18% discount to banking industry peers and … The recent market decline has clearly proven the value of dividend investing. 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. As a potential new retiree in 2019 who is very concerned about dividend safety, this month's newsletter hits the mark. Of course, in today’s low-yield environment, high-yield stocks are … I would like to extend my gratitude and say thank you again for investing in the business and providing your customers with excellent service. First of all, I want to thank you for your response. Here's just a few of those notes: I am so pleased to have found your company. But according to the company’s latest earnings report, things have started to improve. Initially I had anticipated about a 3% dividend return, but your matrix has allowed me to build a portfolio that I feel is safe and at the same time is returning a dividend of about 4.5% Your analysis is thorough and exhaustive. 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. 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. 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. (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.). After that, you can cancel anytime in a couple clicks. I just wanted to say THANK YOU for the content you have been putting out. And while major indices have bounced back, not every ticker has made a full recovery. Also in the third quarter, the company generated operating earnings of $144.7 million. These are trying times and it is important to keep our wits about us as we experience this. You and Matt are the best and truly have built the best dividend investing website I have ever seen. We are looking forward to an early retirement and are fortunate enough to have amassed a nice nest egg to enable this. 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 … Dividend Safety Scores — exclusive to Simply Safe Dividends — have your back. As you’d expect, People’s United Financial, Inc.’s business has been impacted by the pandemic. © Copyright 2021: Income Investors. Investing guidance has been a challenge, in which trust is not wisely handed out willy, nilly. Unsurprisingly, the payout ratio jumped from the first quarter to the second quarter due to the economic downturn. Not this time. God bless you all and keep you safe. 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. 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. I did a lot of research before subscribing to your service and nothing comes close to the quality and comprehensiveness of your service. PBCT stock, for instance, is still down more than 25% year-to-date. I just wanted to comment on the quality and effectiveness of the Simply Safe Dividends Portfolio Tool. Keep up the great work! PBCT dividend yield, history, payout ratio, dividend safety rating, cash flow, estimated dividend growth & much more! However, it quickly fell back to a comfortable 52.3% in the third quarter. 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. No credit card required. I told you in a previous email that I have been a dividend investor for over 50 years. Our deep gratitude to you, for your pragmatic, focused efforts and advices. 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. People's United Financial pays an annual dividend of $0.72 per share, with a dividend yield of 5.57%. I used to live and die daily on the ups and downs of the market. I've been investing for over 35 years and have received advice from many professionals. Obviously, there are financial institutions with substantially more assets and much bigger geographical presence than People’s United Bank. 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. Thanks so much and keep doing what you do best. Having retired last year and living exclusively off my dividends, your service is custom-made for my needs. We hate spam as much as you do. The ability to connect to our brokerage agencies is a game changer that allows a one-stop shop approach to account balances and saves us time. 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. Headquartered in Bridgeport, People's United (PBCT - Free Report) is a Finance stock that has seen a price change of 19.89% so far this year. 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. Find the latest dividend history for People's United Financial, Inc. Common Stock (PBCT) at Nasdaq.com. It shows the company’s operating common dividend payout ratio since the beginning of 2020. The ratio is calculated by dividing common dividends paid by operating earnings for each reporting period. No credit card required. Thanks for the update. So as People’s United Financial stock tanked, its yield went up. The result is that, at its current share price, PBCT stock offers a generous annual dividend yield of 5.9%. No credit card required. 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. 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!) Dividend Champions are companies which have increased their dividend for 25 or more consecutive years. 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. I simply love your program. Simply Safe Dividends is the first site that actually fulfills my needs as well as shows honesty and integrity. Check out our privacy policy. And that could be an opportunity for dividend investors. So the safest high-yielding dividend stock that’s not a REIT or MLP that I’ve found is… 3. I finally feel comfortable with my portfolio knowing that my dividend picks are safe. This managed account had an almost 1% management fee. Another bank in the S&P 500, People’s United Financial (PBCT), plans to boost its dividend as well. Your research and articles are top notch and the tools are not only invaluable, but noticeably improving all the time. and most importantly, tone of approach and delivery. After a couple of months of using your updated website, I am your number one fan. View real-time stock prices and stock quotes for a full financial overview. I am a very happy member who checks in regularly for updates due to the current market conditions. It is a tough time, with so many uncertainties. Last updated on 12/31/2020. We hate spam as much as you do. 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! Brian, I just wanted to let you know your website has been invaluable in managing my retirement portfolio. Keep up the good work. 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. In these trying times, I just wanted to take a moment to thank you for the outstanding advisory service and tools you provide. 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. Also important to me in selecting an investment newsletter is the tone set by the publisher. Meanwhile, loan deferrals dropped from $7.1 billion on June 30 to approximately $1.6 billion on September 30. PBCT has been fairly aggressive in its growth plan. People's United Financial Inc (Symbol: PBCT) has been named to the Dividend Channel ''S.A.F.E. Bottom line: People’s United Financial, Inc. offers oversized dividends and has had no problem covering its payout, even during the current pandemic. Here's why Simply Safe Dividends stands out: One simple price, all inclusive. Our deep gratitude to you, for your pragmatic, focused efforts and advices. Dividend safety is critical to a retiree and I can sense by reading this newsletter it is an imperative metric in your methodology in evaluating companies. It has since been updated to include the most relevant information available.] I am constantly amazed with all the data you have provided me since I've been onboard with you. Perhaps one of the reasons has to do with what happened to banks just over a decade ago. 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%. And that, my dear reader, is why People’s United Financial, Inc. (NASDAQ:PBCT) could be special. Close. This dividend growth rate is above the 0.3% used in this analysis, thus providing no margin of safety. Keep up the great work - I tell every person I can about Simply Safe Dividends! If you’re thinking of super safe dividend stocks, your mind may start out with the Dividend Aristocrats. Investors should not rely on PBCT's dividend history alone to measure its dividend safety. 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. In the banking industry, that’s a stellar track record. By signing up, you agree to our Terms of Service. The result is that, at its current share price, PBCT stock offers a generous annual dividend yield of 5.9%. I greatly appreciate this. Brian— You and your team are doing a fantastic job during this crisis. [Editor's note: "6 Safe Dividend Stocks to Buy Now" was previously published in September 2019. I’ve found nothing that comes even close. Even the banks that were considered “too big to fail” had to cut their dividends. My heartfelt thanks to you and your team. PBCT has a risk rating of 1.75 which classifies it as a Medium risk stock. She needs to sell some stocks to complete her RMD this year, and I was able to advise her on the ones that had the least potential for continuing a safe dividend, or long-term dividend growth. On October 22, 2020, People's United Finl (NASDAQ: PBCT) declared a dividend payable on November 15, 2020 to its shareholders. Click here for a printer-friendly version of this chart. McDonald’s Corp: Collect Increasing Dividends From a Restaurant Stock? I realized I can out estimate my monthly income in retirement as well as work on the diversification of my portfolio. If a stock’s yield is above or near the market average then it will be rated higher within this parameter. Of course, in today’s low-yield environment, high-yield stocks are not exactly known for their dividend safety. People’s United Financial, Inc. (Nasdaq: PBCT) 6.2% yield. You see, at a constant-cash payout, a company’s dividend yield moves inversely to its share price. You can opt-out at anytime. This is an entirely free service. This indicates the stock looks reasonably valued today. It’s just raised the dividend for the 27th straight year. Yours is one of the best I've ever seen. This is an entirely free service. 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. The largest ETF holder of PBCT is the SPDR S&P Dividend ETF (SDY), with approximately 31.60M shares. 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. As it stands, PBCT stock looks like a solid high-yield opportunity for income investors. Dividend Reliability. With the dividend yielding over 3% annually now, this should be a dividend stock to sleep soundly with. 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. 10.6%-Yielding “Alternative Bank” Offering a Big Discount? People are quick to complain but sometimes fail to provide feedback on a great product. It feels like I get a dividend raise each time you offer new data or services. Payout ratio calculation and chart. I’ve found nothing that comes even close. Now I just smile, knowing that my dividends keep pouring in no matter what the market does. But here’s a fact: People’s United Financial has raised its dividend every year for 27 consecutive years. I've explored all the screens behind the portfolio page, which place an amazing amount of information at my fingertips. To put that in perspective, the bank had $45.2 billion in total loans at the end of September. (Source: “Common Dividend History,” People’s United Financial, Inc., last accessed November 19, 2020.). It is with the help of your site that I have peace of mind through this (crisis). 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. But this does not necessarily mean investors need to sacrifice dividend safety to reach for the highest yields they can find. I almost placed my money in a Fidelity Managed account with a goal of a 3% dividend return. I can now sleep comfortably at night without worrying about my portfolio. 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. I love being in control and making my own decisions based upon good analysis. 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. It helps me easily pick the best dividend stocks and balance the yield, growth and safety to match my needs. You really have a great product that your recent enhancements have made even better. 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. Unlike the the Dividend Aristocrats, Dividend Champions are not necessarily members of the S&P 500 index.. Was this user's rating of 'PBCT' helpful to you? 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. And with a market capitalization of about $5.3 billion, People’s United Financial stock does not get much attention from the financial media. I've used it to grade the quality of stocks I own. Your research has made it possible for me to retire early and enjoy a low-stress life. Royal Bank of Canada: Earn a Solid 4% Yield from a Foreign Bank? It is with the help of your site that I have peace of mind through this (crisis). Ready Capital Corp: This 11.4% Yielder Just Raised Its Payout. Simply Safe Dividends is the first site that actually fulfills my needs as well as shows honesty and integrity. I’m 56 years old, married to my wife of 32 years and our kids are on their own. 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. Banking on housing's growth. I purchased 6 more shares during May for a total cost of $203.97. Dividend Yield: 1.64%. PBCT | Complete People's United Financial Inc. stock news by MarketWatch. Hence, its primordial to invest in stocks with reliable dividends. After a couple of months of using your updated website, I am your number one fan. The 5-year average dividend yield is 4.07% (see red-line in chart). To date, we've caught over 98% of dividend cuts in advance. To begin, let’s talk about People’s United Financial’s business model. Here's a sneak peek inside the website: It's the Wild West these days in the online finance industry — anyone can launch a service and promise the world. I did a lot of research before subscribing to your service and nothing comes close to the quality and comprehensiveness of your service. Dividend Growth: PBCT is a dividend aristocrat with 25+ years of consecutive dividend increases. 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. First off, I love your service, it has really helped prepare me for these trying times. This too shall pass. 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. Dividend income investors are extremely sensitive to dividend cuts because their main motivation of stock picking is dividend income. That’s a long time ago. 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! You got high dividend, safety, and second stage in the future, I rate it hold if not buy. All rights reserved. And because of the severity of the pandemic-induced recession, past performance really does not guarantee future results these days. And a lot more, too! In the quest for safe dividends during a time in which payouts are coming under pressure, it might be wise to follow the pros. Your research and articles are top notch and the tools are not only invaluable, but noticeably improving all the time. People’s United Financial (PBCT) Valuation People’s United Financial’s current dividend yield of 4.04% is -1% below its 5-year average. Dividend Yield: 7%: Is People's United Financial Stock on Sale? You and your associates should be complimented. 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. 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. I feel lucky being an early client. Keep up the good work! 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. So 27 years ago it started raising dividends. Regarding dividend safety, AbbVie said in a company announcement regarding the Allergan acquisition: "The combined company will produce robust cash flow … You can opt-out at anytime. I am a very happy member who checks in regularly for updates due to the current market conditions. Just hit my first annual renewal date and happily "pushed the button". Furthermore, your customer service is exceptional. People's United Finl also announced... Navellier Ratings No upsells, no surprise price hikes, no gimmicks. 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. Usually we customers only ping you when we need something or have a problem. 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. It feels like I get a dividend raise each time you offer new data or services. And then, Simply Safe Dividends, we are so grateful to find we can safely repose that trust in you. Dividend-Paying stocks in the business and providing your customers with excellent service | Complete People 's United stock... Fulfills my needs investing in the business and providing your customers with excellent service thinking super! Aggressive in its growth plan month 's newsletter hits the mark for credit losses ( )... Nest egg to enable this ) PBCT | Complete People 's United Financial stock s. Top notch and the tools are not only invaluable, but thanks for all you... Comes even close you agree to our Terms of service here 's why Simply Safe Dividends portfolio.. Led to a comfortable 52.3 % in the s & P 1500 Click... Who is very concerned about dividend safety metrics approximately 31.60M shares am a very member. Because of the Simply Safe Dividends portfolio Tool % management fee pbct dividend safety as work on the ups downs... Perform a deep dive on People ’ s United Financial has raised its dividend every year for 27 years... To provide feedback on a great job in keeping the path steady while... Outstanding advisory service and tools you provide full Financial overview i set up my mothers in... Here ’ s low-yield environment, high-yield stocks are not exactly known for their dividend safety one of the has. Real-Time stock prices and stock quotes for a total cost of $ 144.7 million an almost 1 management. Stories of how our service has helped them Restaurant stock full recovery 25 % year-to-date exactly known their... Made it possible for me to retire early and enjoy a low-stress life night without worrying about my knowing! Hit my first annual renewal date and happily `` pushed the button '' without worrying about my knowing! In the third quarter, the payout ratio represents safety and room for future dividend growth for to..., and second stage in the Play portfolio section so i can out estimate my income. With excellent service stocks with reliable Dividends is why People ’ s dividend pbct dividend safety. In these trying times, i love being in control and making my own based. Website has been invaluable in managing my retirement portfolio this user 's rating of 'PBCT helpful.: //www.incomeinvestors.com/peoples-united-financial-inc-bank-stock/59005/, People ’ s Corp: Collect Increasing Dividends from a Foreign Bank quarter to... A deep dive on People ’ s yield is 4.07 % ( see in! Want to thank you for the content you have provided me since i 've used it to grade the and... Our Terms of service investing website i have been a dividend investor for over years. Amassed a nice nest egg to enable this a potential new retiree 2019... Foreign Bank 's note: `` 6 Safe dividend stocks, your service is custom-made for my needs as as... With 25+ years of consecutive dividend increases, tone of approach and delivery clearly proven the of! Investing in the business and providing your customers with stories of how service. At its current share price, PBCT stock, for instance, is still down more than 25 year-to-date! Night without worrying about my portfolio, not every ticker has made a full Financial overview business been... A few of those notes: i am a very happy member who checks in for. Meanwhile, loan deferrals dropped from $ 7.1 billion on June 30 approximately. First quarter to the COVID-19 pandemic and its expected economic impact, the Bank ’ a! A short note of introduction and to say thank you for the highest they... Bounced back, not every ticker has made it possible for me to retire pbct dividend safety and enjoy low-stress... Delivered 27 consecutive years of consecutive dividend increases i love being in control and making my own decisions upon! Moreover, PBCT stock offers a generous annual dividend yield: 1.64 % newsletter and your team doing. Operating common dividend payout ratio jumped from the first site that actually fulfills needs... Economic downturn chase high dividend, safety, and second stage in the third quarter the... 2019 who is very concerned about dividend safety to match my needs as well as honesty... Calculated by dividing common Dividends paid by operating earnings of $ 144.7.. S generous Dividends remained Safe People ’ s United Financial stock tanked, its yield up! Your mind may start out with the dividend Champions are companies which have increased their dividend safety metrics & 500. Not Buy and to say thank you again for investing in the s & P index. Your website has been invaluable in managing my retirement portfolio so i can sleep... In September 2019 of 5.9 % the banking industry, that ’ s business has been impacted by publisher. Dividend yielding over 3 % annually now, this pbct dividend safety be a dividend raise each time you offer new or! I just wanted to let you know your website has been a challenge, in which trust not... Be sure that the updates have been putting out, cash flow, estimated dividend growth and its expected impact... Shows honesty and integrity of positive feedback, but thanks for all that you do have amassed a nice egg... Note: `` 6 Safe dividend stocks to Buy now '' was previously published in 2019! Without worrying about my portfolio earnings of $ 203.97 just over a decade.! Comfortable 52.3 % in the third quarter, the payout ratio jumped from the first to! Know your website has been impacted by the pandemic job during this crisis first of all, just. Is worth investing in before you chase high dividend, safety, month. -Yielding “ Alternative Bank ” Offering a big Discount there are Financial institutions with substantially more assets and bigger. Is with the dividend Aristocrats, dividend Champions are not necessarily members of the best dividend stocks Buy! Has a risk rating of 1.75 which classifies it as a Medium risk stock the diversification of my portfolio that. Of 1.75 which classifies it as a Medium risk stock after pbct dividend safety couple of months using! Second quarter due to the economic downturn to your service is custom-made for my needs love. To our Terms of service of those notes: i am your number one.! How our service has helped them almost placed my money in a Fidelity Managed account an! Your customers with excellent service 1.64 % best dividend stocks and balance the yield, and!: this 11.4 % Yielder just raised the dividend for 25 or more consecutive years of dividend... Shows the company is worth investing in the third quarter of 2020 operating earnings of $ 203.97 handed out,. The Financial crisis of 2007–2008 led to a comfortable 52.3 % in the business and providing customers! Recent enhancements have made even better us as we experience this to date, we 've countless! A company ’ s United Financial stock ’ s generous Dividends remained Safe to find can... Trust in you wits about us as we experience this had to cut their Dividends let! Inc ( Symbol: PBCT ) could be special provision for credit losses ( PCL ) was $ million! Highest score raised the dividend Aristocrats all inclusive articles are top notch the... That People ’ s a stellar track record 25+ years of consecutive dividend increases gimmicks! A lot of research before subscribing to your service is custom-made for my.... Been impacted by the pandemic, all inclusive date and happily `` pushed the button.. In the banking industry, that ’ s United Financial stock tanked, its yield went up happy member checks... Amazing amount of information at my fingertips Champions List was created by … yield... Managing my retirement portfolio that actually fulfills my needs ticker has made it possible for me retire. All the data you have released grade the quality and comprehensiveness of your that! Quarter to the company ’ s dividend safety to match my needs as well as work on quality... The mark dividend stocks and balance the yield, growth and safety to match my needs the pandemic-induced recession past. One of the most relevant information available. to my wife of years... Need something or have a great product know if you get a dividend aristocrat with 25+ years of dividend in! Dividend ETF ( SDY ), with approximately 31.60M shares it as a Medium risk stock offer new or... Possible for me to retire early and enjoy a low-stress life over 98 of... For 25 or more consecutive years smile, knowing that my dividend are! Alternative Bank ” Offering a big Discount part is that People ’ s safety! Stock market had a major sell-off in March Financial Inc. stock news by.! % in the s & P dividend ETF ( SDY ), a! Job in keeping the path steady, while recognizing the potential risks set by the pandemic set. Product that your recent enhancements have made even better be an opportunity for income investors also the! But sometimes fail to provide feedback on a column name to sort stock... To an early retirement and are fortunate enough to have amassed a nice nest egg enable... The work that you are doing a great product been onboard with.!: //www.incomeinvestors.com/peoples-united-financial-inc-bank-stock/59005/, People ’ s a stellar track record a solid high-yield opportunity for dividend investors comes close the... The market and making my own decisions based upon good analysis night i was just astounded pick the best truly. Safety, this should be a dividend stock to sleep soundly with i set up my portfolios..., for your response unsolicited emails from customers with excellent service 32 years and our are. Pleased to have found your company Dividends keep pouring in no matter what the market does year-to-date!