The financial services sector includes nineteen industries all related to managing money: asset management; banks either global or from any of seven regions, capital markets, credit services, financial exchanges, insurance in six specializations, savings banks, and specialty finance.
Today I’m reviewing a mid-cap regional US Bank..
It’s name is People’s United Financial Inc.
 It’s trading ticker symbol is PBCT. Â
People’s United Financial Inc is a bank holding company. It provides commercial banking, retail and business banking, and wealth management services to individual, corporate and municipal customers.
The company operates in two segments, Commercial Banking and Retail Banking. It operates through a network of 403 branches, including 147 full-service stop and shop supermarket branches located in Connecticut, southeastern New York, Massachusetts, Vermont, Maine, and New Hampshire, as well as 598 ATMs.Â
People’s United Financial, Inc. was founded in 1842 and is headquartered in Bridgeport, Connecticut.
I use three key data points gauge the value of any dividend equity or fund like People’s United Financial Inc.:Â
(1) Price
(2) Dividends
(3) Returns
After those three, four more keys will finally unlock an equity or fund in which to invest.Â
No matter what, it’s the first three primary traits that best tell whether a company has made, is making, and will make money.Â
PBCT Price
People’s price was $18.73 per share at Friday’s market close. A year ago its price was $17.62 for a gain of $1.11 per share in the past year. Â
Assuming People’s price will continue to trade in the range of $16.00 to $20.00 next year, its price could grow another $1.11 from $18.73 to $19.84 by June 18, 2019.Â
PBCT Dividends
People’s most recently declared monthly dividend was $0.175 per share paid in May. That $0.175 monthly dividend equates to an estimated annual payout of $0.70 per share for 2018-19 which yields 3.74% at yesterday’s $18.73 closing stock price. Â
