Ex-Dividend Reminder: Discover Financial Services, Southside Bancshares and CA

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Looking at the universe of stocks we cover at Dividend Channel , on 8/22/18, Discover Financial Services (Symbol: DFS), Southside Bancshares, Inc. (Symbol: SBSI), and CA Inc (Symbol: CA) will all trade ex-dividend for their respective upcoming dividends. Discover Financial Services will pay its quarterly dividend of $0.40 on 9/6/18, Southside Bancshares, Inc. will pay its quarterly dividend of $0.30 on 9/6/18, and CA Inc will pay its quarterly dividend of $0.255 on 9/11/18. As a percentage of DFS's recent stock price of $78.26, this dividend works out to approximately 0.51%, so look for shares of Discover Financial Services to trade 0.51% lower - all else being equal - when DFS shares open for trading on 8/22/18. Similarly, investors should look for SBSI to open 0.84% lower in price and for CA to open 0.58% lower, all else being equal.

Below are dividend history charts for DFS, SBSI, and CA, showing historical dividends prior to the most recent ones declared.

Discover Financial Services (Symbol: DFS) :


Southside Bancshares, Inc. (Symbol: SBSI) :


CA Inc (Symbol: CA) :


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 2.04% for Discover Financial Services, 3.36% for Southside Bancshares, Inc., and 2.33% for CA Inc.

In Monday trading, Discover Financial Services shares are currently up about 0.4%, Southside Bancshares, Inc. shares are up about 0.2%, and CA Inc shares are up about 0.2% 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: DFS , SBSI ,

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