Companies with decent yields with the operations to support their dividends even during an economy-wrecking pandemic are certainly worth considering.

SelectQuote Inc said on Friday it was looking to raise about $342 million in an initial public offering that could value the owner of the insurance policy comparison website at more than $3 billion. Overland Park, Kansas-based SelectQuote allows consumers to compare insurance policies for life, auto and home insurance from providers including American International Group, Prudential Financial Inc and Liberty Mutual.

Not only are they confronted with the drag on earnings from a 0% interest rate environment, the industry is also faced with unprecedented financial hardships caused by the novel coronavirus pandemic. Brian Duperreault, CEO of American International Group, said in early May that COVID-19 will be "the single largest CAT [catastrophic] loss the industry has ever seen." Prudential Financial (NYSE: PRU) trails both with a decline of about 43% this year, through Thursday's close.

Prudential Financial, Inc. (NYSE: PRU) today reported first quarter results. Net loss attributable to Prudential Financial, Inc. was $271 million ($0.70 per Common share) for the first quarter of 2020, compared to net income of $932 million ($2.22 per Common share) for the first quarter of 2019. After-tax adjusted operating income was $939 million ($2.32 per Common share) for the first quarter of 2020, compared to $1.259 billion ($3.00 per Common share) for the first quarter of 2019.

Allstate's (ALL) Q1 earnings are likely to have gained from higher premiums, partly offset by catastrophe loss and elevated marketing expense.

Q1 2020 Prudential Financial Inc Earnings Call

Prudential's (PRU) first-quarter performance is likely to have benefited from growth in asset-based businesses, and solid international operations.

Prudential (PRU) expands partnership with PlanSource to optimize benefits shopping and enrollment experience.

(Bloomberg) -- Prudential Financial Inc. expects coronavirus deaths to cut earnings by about $200 million this year after it swung to a net loss in the first quarter.The life insurer’s earnings will be hardest hit in the second quarter, by an estimated $135 million, company executives told analysts Wednesday on a conference call. That assumes 100,000 fatalities in the U.S. and 40,000 in Japan.Key InsightsPrudential expressed a gloomy sales outlook. First-quarter operating income slid 39% at the U.S. individual business that includes annuities and life, and its sales will probably drop further. The international division is likely to see a significant decline, and the market for pension risk transfer deals will slow down, too.“While the severity and duration of the pandemic, and related economic impact remains unknown, we are confident about the strength of our company,” Chief Executive Officer Charles Lowrey said on the call, citing Prudential’s balance sheet and its playbook to handle operational and financial risks.Earnings per share missed forecasts as turbulent markets hurt results. After-tax adjusted operating income was $2.32 a share, falling short of the $2.78 median estimate of 14 analysts in a Bloomberg survey. The adjusted profit decreased to $939 million, missing the $1.16 billion average estimate. The net loss was $271 million, compared with net income of $932 million a year earlier.Investment-management unit PGIM reported a 23% drop in operating income as strategic investment earnings fell and expenses rose.Prudential’s credit losses on its investments are forecast to reach about $2.4 billion, after taxes, over three years. Even still, the insurer said this was manageable. “We feel comfortable about our ability to manage equity-market fluctuations and continued low interest rates over time,” Lowrey said.Market ReactionPrudential shares fell as much as 6.8% in New York on Wednesday, and have declined about 41% this year.Get MorePrudential’s statement is here. Its presentation is here.U.S. life insurers may face as much as $7.2 billion in claims if coronavirus deaths rise to the high end of projections of 150,000, according to Samantha Chow, an analyst at Aite Group LLC. Still, the industry is in strong financial shape and should be able to manage surging costs, she wrote in a report last month.(Updates with earnings call from first paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Prudential Financial (PRU) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Prudential (PRU) Q1 results reflect lower contributions from Prudential Global Investment Management U.S. Individual Solutions, U.S. Workplace Solutions and International Businesses

Hardly any stocks have managed to hold fairly steady, a difficult feat in this environment. Some of them deserve a look Continue reading...

What will the world look like after the coronavirus? When global lockdowns end, as families and communities recover, new opportunities and challenges will emerge for companies—and investors—around the world as they navigate the economic, social and political shifts brought on by the pandemic, according to research from PGIM Inc., the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

Prudential Financial, Inc. (NYSE: PRU) announced today the declaration of a quarterly dividend of $1.10 per share of Common Stock, payable on June 18, 2020, to shareholders of record at the close of business on May 26, 2020.

Prudential (PRU) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Representing Prudential on today's call are Charlie Lowrey, Chairman and CEO; Rob Falzon, Vice Chairman; Andy Sullivan, Head of U.S. Businesses; Scott Sleyster, Head of International Businesses; Ken Tanji, Chief Financial Officer; and Rob Axel, Controller and Principal Accounting Officer. Today's presentation may include forward-looking statements.

Prudential (PRU) Q1 results reflect lower contributions from Prudential Global Investment Management U.S. Individual Solutions, U.S. Workplace Solutions and International Businesses

For many investors, the main point of stock picking is to generate higher returns than the overall market. But the...

New Jersey will continue to battle the coronavirus outbreak for the foreseeable future, Gov. Phil Murphy told Yahoo Finance, who argued the state will need vast federal support in order to plug the fiscal “hole” created by shutdown orders.

PlanSource, a leading provider of cloud-based benefits software, announced today that Prudential will join PlanSource Boost, a program created to modernize the benefits experience through optimized benefits shopping, simplified billing, preferred pricing and real-time API integrations. Through Boost, PlanSource is optimizing the employee shopping and enrollment experience for the products offered by Boost carriers, incorporating best practices and relevant content to help consumers select the benefits that are right for them.