Truist Financial Corp. (TFC) to maintain dividend following stress test
- S&P, Dow eke out another record closing high as Nvidia momentum endures
- Goldman Sachs no longer expects Fed rate cut in May - reports
- Stocks eke out gain as Nvidia rally slows, yields slip
- Oil ends lower, posts weekly decline as US rate cut hopes dim
- Dollar index on track for first weekly fall this year
Truist Financial Corporation (NYSE: TFC) today announced the Federal Reserve Board has determined the Company's preliminary stress capital buffer ("SCB") requirement is 2.9%. The Federal Reserve Board will provide the Company's final SCB requirement on or before
Truist also announced plans to maintain its current quarterly common stock dividend of
"Truist's 2023 annual stress test results again demonstrate the benefits of our diverse business mix and prudent and disciplined risk management culture," said Truist Chairman and Chief Executive Officer
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Greenbrook TMS (GBNH) Announces Delisting
- Midday movers: Walmart, Discover rise; Home Depot falls
- UnitedHealth Group (UNH) Declares $1.88 Quarterly Dividend; 1.4% Yield
Create E-mail Alert Related CategoriesCorporate News, Dividends
Related EntitiesDividend, FDIC, Earnings
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!