Ex-Dividend Reminder: WestAmerica Bancorporation, National Penn Bancshares and Blackstone Group

Shutterstock photo

Looking at the universe of stocks we cover at Dividend Channel , on 2/4/16, WestAmerica Bancorporation (Symbol: WABC), National Penn Bancshares Inc (Symbol: NPBC), and Blackstone Group LP (Symbol: BX) will all trade ex-dividend for their respective upcoming dividends. WestAmerica Bancorporation will pay its quarterly dividend of $0.39 on 2/19/16, National Penn Bancshares Inc will pay its quarterly dividend of $0.11 on 2/17/16, and Blackstone Group LP will pay its quarterly dividend of $0.61 on 2/16/16. As a percentage of WABC's recent stock price of $43.01, this dividend works out to approximately 0.91%, so look for shares of WestAmerica Bancorporation to trade 0.91% lower - all else being equal - when WABC shares open for trading on 2/4/16. Similarly, investors should look for NPBC to open 0.99% lower in price and for BX to open 2.28% lower, all else being equal.

Below are dividend history charts for WABC, NPBC, and BX, showing historical dividends prior to the most recent ones declared.

WestAmerica Bancorporation (Symbol: WABC) :


National Penn Bancshares Inc (Symbol: NPBC) :


Blackstone Group LP (Symbol: BX) :


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 3.63% for WestAmerica Bancorporation, 3.98% for National Penn Bancshares Inc , and 9.13% for Blackstone Group LP .

In Tuesday trading, WestAmerica Bancorporation shares are currently off about 1.2%, National Penn Bancshares Inc shares are down about 1.6%, and Blackstone Group LP shares are down about 2.4% 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: WABC , BX

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?