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Ex-Dividend Reminder: NorthStar Asset Management Group, Provident Financial Services and NorthStar Realty Finance


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Looking at the universe of stocks we cover at Dividend Channel , on 11/9/16, NorthStar Asset Management Group Inc (Symbol: NSAM), Provident Financial Services Inc (Symbol: PFS), and NorthStar Realty Finance Corp (Symbol: NRF) will all trade ex-dividend for their respective upcoming dividends. NorthStar Asset Management Group Inc will pay its quarterly dividend of $0.10 on 11/18/16, Provident Financial Services Inc will pay its quarterly dividend of $0.18 on 11/30/16, and NorthStar Realty Finance Corp will pay its quarterly dividend of $0.40 on 11/18/16. As a percentage of NSAM's recent stock price of $13.87, this dividend works out to approximately 0.72%, so look for shares of NorthStar Asset Management Group Inc to trade 0.72% lower - all else being equal - when NSAM shares open for trading on 11/9/16. Similarly, investors should look for PFS to open 0.80% lower in price and for NRF to open 2.75% lower, all else being equal.

Below are dividend history charts for NSAM, PFS, and NRF, showing historical dividends prior to the most recent ones declared.

NorthStar Asset Management Group Inc (Symbol: NSAM) :

NSAM+Dividend+History+Chart

Provident Financial Services Inc (Symbol: PFS) :

PFS+Dividend+History+Chart

NorthStar Realty Finance Corp (Symbol: NRF) :

NRF+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 2.88% for NorthStar Asset Management Group Inc, 3.20% for Provident Financial Services Inc, and 11.01% for NorthStar Realty Finance Corp.

In Tuesday trading, NorthStar Asset Management Group Inc shares are currently down about 2.3%, Provident Financial Services Inc shares are off about 0.3%, and NorthStar Realty Finance Corp shares are off about 2.9% 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: PFS ,



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