Provident Financial Services Inc was founded in 1839 and is headquartered in Jersey City, NJ.
The company provides banking services to individual and corporate customers in Northern and Central New Jersey and Eastern Pennsylvania.
Three key data points gauge PFS (or any dividend paying entity):
(1) Price
(2) Dividends
(3) Returns
Those three keys also indicate if any company has made, is making, and will make money.
PFS Price
Provident’s single share price rose $1.91 or 9.5% in the past year, from $20.03 to $21.94 per Wednesday’s opening market report.
Six analysts cover the stock. The median of their one year target estimates showed a $5.81 price gain ahead.
However PFS’s past three years price progression from $15.08 to $21.94 shows an average annual gain of about $2.29 as a prediction for the coming year’s returns. Let’s use that number.
PFS Dividends
Provident Financial Services Inc has paid variable quarterly dividends since May 2003.
The most recent Q dividend of $0.24 was paid August 28th, 2026 (to shareholders of record August 14th) yielding $0.96 or 4.31% annually (per Wednesday’s opening market report.)
PFS Returns
Putting it all together, as of October 7th, a possible Provident net gain of $3.25 was projected.
To get there, our $2.29 per share averaged annual price gain was added to the $0.96 presumed forward looking annual dividend to make that $3.25 gross gain.
A little over $1000 invested in PFS at Wednesday’s $21.94 opening share price would buy 45.5 shares which multiply the hypothetical $3.25 gross gain to $148.13 for the coming year, or 14.8%.
A dividend dogcatcher rule is to only buy initial shares of a dividend stock that pay an annual dividend (from $1000 invested) that is greater than the cost of one share.
Provident Financial Services’ projected annual dividend from $1K invested is $43.10 and that annual dividend proves to be near 2 times more than its recent $21.94 single-share price.
The exact track of Provident Financial’s future share price and dividend will entirely be determined by market action and company finances.
Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.
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