Provident Financial Services Passes Through 5% Yield Mark

Provident Financial Services' shares are yielding above 5% based on its quarterly dividend, with the stock trading as low as $19.09. Dividends are crucial for investors, historically contributing significantly to stock market returns. Provident Financial Services is part of the Russell 3000, indicating its status among the largest U.S. companies. The sustainability of the 5% yield depends on the company's profitability trends.