Looking at the universe of stocks we cover at Dividend Channel, on 11/1/21, Banner Corp. (Symbol: BANR), OneMain Holdings Inc (Symbol: OMF), and People's United Financial Inc (Symbol: PBCT) will all trade ex-dividend for their respective upcoming dividends. Banner Corp. will pay its quarterly dividend of $0.41 on 11/12/21, OneMain Holdings Inc will pay its quarterly dividend of $0.70 on 11/9/21, and People's United Financial Inc will pay its quarterly dividend of $0.1825 on 11/15/21. As a percentage of BANR's recent stock price of $58.36, this dividend works out to approximately 0.70%, so look for shares of Banner Corp. to trade 0.70% lower — all else being equal — when BANR shares open for trading on 11/1/21. Similarly, investors should look for OMF to open 1.31% lower in price and for PBCT to open 1.04% lower, all else being equal.
Below are dividend history charts for BANR, OMF, and PBCT, showing historical dividends prior to the most recent ones declared.
Banner Corp. (Symbol: BANR):
OneMain Holdings Inc (Symbol: OMF):
People's United Financial Inc (Symbol: PBCT):
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 2.81% for Banner Corp., 5.26% for OneMain Holdings Inc, and 4.16% for People's United Financial Inc.
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In Thursday trading, Banner Corp. shares are currently up about 1.1%, OneMain Holdings Inc shares are up about 1.4%, and People's United Financial Inc shares are up about 0.3% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.