A number of research firms have changed their ratings and price targets for Regions Financial Corp. (NYSE: RF):
Shares of Regions Financial Corp. (NYSE:RF) opened at 10.05 on Monday. The stock has a market cap of $12.61 billion, a PE ratio of 12.64 and a beta of 1.44. The stock has a 50 day moving average of $9.89 and a 200-day moving average of $9.25. Regions Financial Corp. has a 52 week low of $7.00 and a 52 week high of $10.47.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 3rd. Investors of record on Friday, December 9th will be given a $0.065 dividend. The ex-dividend date is Wednesday, December 7th. This represents a $0.26 dividend on an annualized basis and a yield of 2.59%. Regions Financial Corp.’s dividend payout ratio is currently 32.91%.