Ex-Dividend Reminder: Brown & Brown, United Financial Bancorp and GEO Group

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Looking at the universe of stocks we cover at Dividend Channel , on 10/25/18, Brown & Brown Inc (Symbol: BRO), United Financial Bancorp Inc (Symbol: UBNK), and GEO Group Inc (Symbol: GEO) will all trade ex-dividend for their respective upcoming dividends. Brown & Brown Inc will pay its quarterly dividend of $0.08 on 11/7/18, United Financial Bancorp Inc will pay its quarterly dividend of $0.12 on 11/6/18, and GEO Group Inc will pay its quarterly dividend of $0.47 on 11/2/18. As a percentage of BRO's recent stock price of $28.12, this dividend works out to approximately 0.28%, so look for shares of Brown & Brown Inc to trade 0.28% lower - all else being equal - when BRO shares open for trading on 10/25/18. Similarly, investors should look for UBNK to open 0.78% lower in price and for GEO to open 1.93% lower, all else being equal.

Below are dividend history charts for BRO, UBNK, and GEO, showing historical dividends prior to the most recent ones declared.

Brown & Brown Inc (Symbol: BRO) :


United Financial Bancorp Inc (Symbol: UBNK) :


GEO Group Inc (Symbol: GEO) :


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 1.14% for Brown & Brown Inc, 3.14% for United Financial Bancorp Inc , and 7.72% for GEO Group Inc .

In Tuesday trading, Brown & Brown Inc shares are currently off about 3.5%, United Financial Bancorp Inc shares are off about 1.1%, and GEO Group Inc shares are off about 0.2% on the day.

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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: BRO , UBNK , GEO

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