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Ex-Dividend Reminder: Blackrock, Navient and Arthur J. Gallagher


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Looking at the universe of stocks we cover at Dividend Channel , on 9/6/18, Blackrock Inc (Symbol: BLK), Navient Corp (Symbol: NAVI), and Arthur J. Gallagher & Co. (Symbol: AJG) will all trade ex-dividend for their respective upcoming dividends. Blackrock Inc will pay its quarterly dividend of $3.13 on 9/24/18, Navient Corp will pay its quarterly dividend of $0.16 on 9/21/18, and Arthur J. Gallagher & Co. will pay its quarterly dividend of $0.41 on 9/21/18. As a percentage of BLK's recent stock price of $478.63, this dividend works out to approximately 0.65%, so look for shares of Blackrock Inc to trade 0.65% lower - all else being equal - when BLK shares open for trading on 9/6/18. Similarly, investors should look for NAVI to open 1.18% lower in price and for AJG to open 0.56% lower, all else being equal.

Below are dividend history charts for BLK, NAVI, and AJG, showing historical dividends prior to the most recent ones declared.

Blackrock Inc (Symbol: BLK) :

BLK+Dividend+History+Chart

Navient Corp (Symbol: NAVI) :

NAVI+Dividend+History+Chart

Arthur J. Gallagher & Co. (Symbol: AJG) :

AJG+Dividend+History+Chart

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.62% for Blackrock Inc, 4.72% for Navient Corp, and 2.26% for Arthur J. Gallagher & Co..

In Tuesday trading, Blackrock Inc shares are currently down about 0.1%, Navient Corp shares are off about 0.5%, and Arthur J. Gallagher & Co. shares are up about 0.7% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Options
Referenced Symbols: BLK , NAVI , AJG



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