Looking at the universe of stocks we cover at Dividend Channel, on 11/14/24, Affiliated Managers Group Inc. (Symbol: AMG), Invesco Ltd (Symbol: IVZ), and Silicon Motion Technology Corp (Symbol: SIMO) will all trade ex-dividend for their respective upcoming dividends. Affiliated Managers Group Inc. will pay its quarterly dividend of $0.01 on 11/29/24, Invesco Ltd will pay its quarterly dividend of $0.205 on 12/3/24, and Silicon Motion Technology Corp will pay its quarterly dividend of $0.50 on 11/27/24. As a percentage of AMG's recent stock price of $186.95, this dividend works out to approximately 0.01%, so look for shares of Affiliated Managers Group Inc. to trade 0.01% lower — all else being equal — when AMG shares open for trading on 11/14/24. Similarly, investors should look for IVZ to open 1.12% lower in price and for SIMO to open 0.97% lower, all else being equal.
Below are dividend history charts for AMG, IVZ, and SIMO, showing historical dividends prior to the most recent ones declared.
Affiliated Managers Group Inc. (Symbol: AMG):
Invesco Ltd (Symbol: IVZ):
Silicon Motion Technology Corp (Symbol: SIMO):
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 0.02% for Affiliated Managers Group Inc., 4.48% for Invesco Ltd, and 3.87% for Silicon Motion Technology Corp.
In Tuesday trading, Affiliated Managers Group Inc. shares are currently up about 1.1%, Invesco Ltd shares are up about 1.7%, and Silicon Motion Technology Corp shares are down about 4.4% on the day.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
