Ex-Dividend Reminder: BB&T, Hilltop Holdings and Charles Schwab
Looking at the universe of stocks we cover at Dividend Channel, on 5/14/19, BB&T Corp. (Symbol: BBT), Hilltop Holdings, Inc. (Symbol: HTH), and The Charles Schwab Corporation (Symbol: SCHW) will all trade ex-dividend for their respective upcoming dividends. BB&T Corp. will pay its quarterly dividend of $0.405 on 6/3/19, Hilltop Holdings, Inc. will pay its quarterly dividend of $0.08 on 5/31/19, and The Charles Schwab Corporation will pay its quarterly dividend of $0.17 on 5/29/19. As a percentage of BBT's recent stock price of $49.32, this dividend works out to approximately 0.82%, so look for shares of BB&T Corp. to trade 0.82% lower — all else being equal — when BBT shares open for trading on 5/14/19. Similarly, investors should look for HTH to open 0.38% lower in price and for SCHW to open 0.37% lower, all else being equal.
Below are dividend history charts for BBT, HTH, and SCHW, showing historical dividends prior to the most recent ones declared.
BB&T Corp. (Symbol: BBT):
Hilltop Holdings, Inc. (Symbol: HTH):
The Charles Schwab Corporation (Symbol: SCHW):
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 3.28% for BB&T Corp., 1.54% for Hilltop Holdings, Inc., and 1.50% for The Charles Schwab Corporation.
In Friday trading, BB&T Corp. shares are currently down about 0.4%, Hilltop Holdings, Inc. shares are down about 0.2%, and The Charles Schwab Corporation shares are down about 0.8% 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.