Prudential Financial, Inc. (NYSE:PRU) is included among the 11 Best FTSE Dividend Stocks to Buy Right Now.
Prudential Financial, Inc. is a global insurance company offering life and health insurance, along with asset management services.
On October 13, BofA raised its price target on Prudential Financial, Inc. from $112 to $118 while maintaining a Neutral rating on the stock. The firm noted that it is revising price targets for US insurance companies within its coverage. According to the analyst, the third quarter was a “relatively calm” period, as no hurricanes made landfall in the US, and although the first half of the year experienced heightened macroeconomic uncertainties, these did not result in any significant negative impact on earnings.
Prudential Financial, Inc. is also known for its consistent shareholder returns, having paid regular dividends for 16 consecutive years. The company offers a quarterly dividend of $1.35 per share and has a dividend yield of 5.35%, as of October 29.
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