Press Releases

NEWARK, N.J.--(BUSINESS WIRE)--Aug. 8, 2017-- Prudential Financial, Inc. (NYSE:PRU) announced today the declaration of a quarterly dividend of $0.75 per share of Common Stock, payable on September 14, 2017, to shareholders of record at the close of business on August 22, 2017. Prudential Financial, Inc. (NYSE: PRU), a financial services leader with more than $1 trillion of assets under management as of June 30, 2017, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees are committed to helping individual and institutional customers grow and protect their ...

Net income attributable to Prudential Financial of $491 million or $1.12 per Common share versus $921 million or $2.04 per share for year-ago quarter. After-tax adjusted operating income of $919 million or $2.09 per Common share versus $829 million or $1.84 per share for year-ago quarter. Significant items in 2Q17, reflecting an annual review of actuarial assumptions and other refinements and the impact of market performance on Annuities, resulted in a net charge to net income of 65 cents per Common share for ongoing businesses and a net charge to adjusted operating ...

NEWARK, N.J., July 20, 2017 - Prudential Financial, Inc. (NYSE:PRU) today announced a new organizational structure for its U.S. businesses that extends its customer reach and facilitates pathways to new markets. The structure better reflects the company’s strategic focus on leveraging its mix of businesses and its digital and customer engagement capabilities to expand its value proposition for the benefit of customers and stakeholders.

NEWARK, N.J.--(BUSINESS WIRE)--Jun. 27, 2017-- Prudential Financial, Inc. (NYSE:PRU) will release its second quarter 2017 earnings on Wednesday, August 2, 2017, after the market closes. The earnings news release, the financial supplement and related materials will be posted on the company's Investor Relations website at: investor.prudential.com. Members of Prudential's senior management will host a conference call on Thursday, August 3, 2017, at 11:00 a.m. ET, to discuss with the investment community the company's second quarter results. Conference Call Information The conference call will be broadcast liv...

NEWARK, N.J., June 26, 2017 - The Hartford has agreed to settle $1.6 billion of its pension obligations by purchasing a group annuity contract from The Prudential Insurance Company of America, the company announced today. The agreement transfers responsibility for paying the pension benefits of approximately 16,000 of The Hartford’s retirees and former U.S. employees, as well as their beneficiaries. The transaction represents approximately 29 percent of The Hartford’s pension obligations.

NEWARK, N.J., June 22, 2017 - Despite a persistent belief that public employees such as teachers, police and firefighters will be taken care of in retirement thanks to the pension plans of old, a survey sponsored by Prudential Retirement shows that today’s shifting political and economic landscape may have left them and their employers on shaky ground.

NEWARK, N.J.--(BUSINESS WIRE)--Jun. 22, 2017-- Prudential Financial, Inc. (NYSE:PRU) will host a conference for analysts and investors in Tokyo, Japan on Thursday, September 27, 2018. Details will be announced closer to the date of the meeting. Questions may be directed to Investor Relations at investor.relations@prudential.com. Prudential Financial, Inc. (NYSE: PRU), a financial services leader with more than $1 trillion of assets under management as of March 31, 2017, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees are committed to helping individ...

NEWARK, N.J., June 19, 2017 - Emerging markets, which already command nearly 60 percent of global GDP on a purchasing power parity basis, will collectively drive global growth over the next decade, but investors would be wise to reconsider how they approach these markets. Increasingly, says PGIM, emerging markets will be the masters of their own economic fate, making a one-size-fits-all classification of emerging markets obsolete.

EL PASO, Texas, June 15, 2017 - Prudential Financial, Inc., (NYSE: PRU) honored the U.S. Army’s 242^nd birthday by screening the premier of a short film celebrating the skills veterans and military spouses bring to the civilian workplace at the El Paso Chihuahua’s AAA Baseball Stadium. The company also launched its sponsorship of the minor-league baseball team—a partnership that honors the military and local first responders.

NEWARK, N.J., June 14, 2017 - Prudential Financial, Inc. (NYSE:PRU) has strengthened its longstanding commitment to address societal needs and champion financial security by moving its office of Corporate Social Responsibility to the C-Suite, reporting directly to Vice Chairman Mark Grier. The move affirms Prudential’s shared value approach to integrating CSR with business strategy under the leadership of Lata Reddy, who leads CSR and has been named chair of The Prudential Foundation.