Ex-Dividend Reminder: Power Integrations, Cubic and Ubiquiti

Looking at the universe of stocks we cover at Dividend Channel, on 8/28/20, Power Integrations Inc. (Symbol: POWI), Cubic Corp (Symbol: CUB), and Ubiquiti Inc (Symbol: UI) will all trade ex-dividend for their respective upcoming dividends. Power Integrations Inc. will pay its quarterly dividend of $0.11 on 9/30/20, Cubic Corp will pay its semi-annual dividend of $0.135 on 9/9/20, and Ubiquiti Inc will pay its quarterly dividend of $0.40 on 9/8/20. As a percentage of POWI's recent stock price of $57.57, this dividend works out to approximately 0.19%, so look for shares of Power Integrations Inc. to trade 0.19% lower — all else being equal — when POWI shares open for trading on 8/28/20. Similarly, investors should look for CUB to open 0.28% lower in price and for UI to open 0.21% lower, all else being equal.

Below are dividend history charts for POWI, CUB, and UI, showing historical dividends prior to the most recent ones declared.

Power Integrations Inc. (Symbol: POWI):


Cubic Corp (Symbol: CUB):


Ubiquiti Inc (Symbol: UI):


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 0.76% for Power Integrations Inc., 0.56% for Cubic Corp, and 0.85% for Ubiquiti Inc.

In Wednesday trading, Power Integrations Inc. shares are currently up about 0.2%, Cubic Corp shares are down about 0.4%, and Ubiquiti Inc shares are up about 0.1% 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.

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