Looking at the universe of stocks we cover at Dividend Channel , on 8/3/18, Oaktree Capital Group LLC (Symbol: OAK), Webster Financial Corp (Symbol: WBS), and OceanFirst Financial Corp (Symbol: OCFC) will all trade ex-dividend for their respective upcoming dividends. Oaktree Capital Group LLC will pay its quarterly dividend of $0.55 on 8/10/18, Webster Financial Corp will pay its quarterly dividend of $0.33 on 8/20/18, and OceanFirst Financial Corp will pay its quarterly dividend of $0.15 on 8/17/18. As a percentage of OAK's recent stock price of $42.25, this dividend works out to approximately 1.30%, so look for shares of Oaktree Capital Group LLC to trade 1.30% lower - all else being equal - when OAK shares open for trading on 8/3/18. Similarly, investors should look for WBS to open 0.51% lower in price and for OCFC to open 0.51% lower, all else being equal.
Below are dividend history charts for OAK, WBS, and OCFC, showing historical dividends prior to the most recent ones declared.
Oaktree Capital Group LLC (Symbol: OAK) :
Webster Financial Corp (Symbol: WBS) :
OceanFirst Financial Corp (Symbol: OCFC) :
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 5.21% for Oaktree Capital Group LLC, 2.03% for Webster Financial Corp , and 2.05% for OceanFirst Financial Corp.
In Wednesday trading, Oaktree Capital Group LLC shares are currently off about 0.5%, Webster Financial Corp shares are up about 1%, and OceanFirst Financial Corp shares are up about 0.2% on the day.
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