Looking at the universe of stocks we cover at Dividend Channel, on 8/5/20, Wintrust Financial Corp (Symbol: WTFC), Silicon Motion Technology Corp (Symbol: SIMO), and Matson Inc (Symbol: MATX) will all trade ex-dividend for their respective upcoming dividends. Wintrust Financial Corp will pay its quarterly dividend of $0.28 on 8/20/20, Silicon Motion Technology Corp will pay its quarterly dividend of $0.35 on 8/20/20, and Matson Inc will pay its quarterly dividend of $0.23 on 9/3/20. As a percentage of WTFC's recent stock price of $42.36, this dividend works out to approximately 0.66%, so look for shares of Wintrust Financial Corp to trade 0.66% lower — all else being equal — when WTFC shares open for trading on 8/5/20. Similarly, investors should look for SIMO to open 0.83% lower in price and for MATX to open 0.63% lower, all else being equal.
Below are dividend history charts for WTFC, SIMO, and MATX, showing historical dividends prior to the most recent ones declared.
Wintrust Financial Corp (Symbol: WTFC):
Silicon Motion Technology Corp (Symbol: SIMO):
Matson Inc (Symbol: MATX):
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 2.64% for Wintrust Financial Corp , 3.32% for Silicon Motion Technology Corp, and 2.53% for Matson Inc.
In Monday trading, Wintrust Financial Corp shares are currently down about 1%, Silicon Motion Technology Corp shares are up about 2%, and Matson Inc shares are off about 0.1% 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.
