Britain's Prudential to exit U.S. business, focus on Asia, Africa

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Prudential Financial (PRU) Declares $1.10 Quarterly Dividend; 6.2% Yield

August 11, 2020 4:53 PM EDT

Prudential Financial (NYSE: PRU) declared a quarterly dividend of $1.10 per share, or $4.4 annualized.

The dividend will be payable on September 17, 2020, to stockholders of record on August 25, 2020, with an ex-dividend date of August 24, 2020.

The annual yield on the dividend is 6.2 percent.

For a... More

Prudential Financial (PRU) Reports Sale of Prudential's Taiwan Unit to Taishin Financial

August 11, 2020 7:39 AM EDT

Prudential Financial, Inc. (NYSE: PRU) announced today that it has entered into a definitive agreement with Taishin Financial Holding Co., Ltd., a leading Taiwan-based financial institution, to sell Prudential Life Insurance Company of Taiwan Inc.

Under the terms of the agreement, Prudential Financial will sell 100% of its life insurance business in Taiwan.

Established in 1989, Prudential of Taiwan sells individual whole life and other protection products to... More