Ex-Dividend Reminder: DTE Energy, TPG Specialty Lending and Huntington Bancshares

Shutterstock photo

Looking at the universe of stocks we cover at Dividend Channel , on 6/15/18, DTE Energy Co (Symbol: DTE), TPG Specialty Lending Inc (Symbol: TSLX), and Huntington Bancshares Inc (Symbol: HBAN) will all trade ex-dividend for their respective upcoming dividends. DTE Energy Co will pay its quarterly dividend of $0.8825 on 7/15/18, TPG Specialty Lending Inc will pay its quarterly dividend of $0.39 on 7/13/18, and Huntington Bancshares Inc will pay its quarterly dividend of $0.11 on 7/2/18. As a percentage of DTE's recent stock price of $96.79, this dividend works out to approximately 0.91%, so look for shares of DTE Energy Co to trade 0.91% lower - all else being equal - when DTE shares open for trading on 6/15/18. Similarly, investors should look for TSLX to open 2.13% lower in price and for HBAN to open 0.70% lower, all else being equal.

Below are dividend history charts for DTE, TSLX, and HBAN, showing historical dividends prior to the most recent ones declared.

DTE Energy Co (Symbol: DTE) :


TPG Specialty Lending Inc (Symbol: TSLX) :


Huntington Bancshares Inc (Symbol: HBAN) :


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 3.65% for DTE Energy Co, 8.52% for TPG Specialty Lending Inc, and 2.82% for Huntington Bancshares Inc.

In Wednesday trading, DTE Energy Co shares are currently up about 0.3%, TPG Specialty Lending Inc shares are down about 0.1%, and Huntington Bancshares 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 ยป

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: DTE , TSLX , HBAN

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?