Looking at the universe of stocks we cover at Dividend Channel , on 6/8/16, Amerisafe Inc (Symbol: AMSF), TFS Financial Corp (Symbol: TFSL), and OUTFRONT Media Inc (Symbol: OUT) will all trade ex-dividend for their respective upcoming dividends. Amerisafe Inc will pay its quarterly dividend of $0.18 on 6/24/16, TFS Financial Corp will pay its quarterly dividend of $0.10 on 6/24/16, and OUTFRONT Media Inc will pay its quarterly dividend of $0.34 on 6/30/16. As a percentage of AMSF's recent stock price of $62.41, this dividend works out to approximately 0.29%, so look for shares of Amerisafe Inc to trade 0.29% lower - all else being equal - when AMSF shares open for trading on 6/8/16. Similarly, investors should look for TFSL to open 0.55% lower in price and for OUT to open 1.47% lower, all else being equal.
Below are dividend history charts for AMSF, TFSL, and OUT, showing historical dividends prior to the most recent ones declared.
Amerisafe Inc (Symbol: AMSF) :
TFS Financial Corp (Symbol: TFSL) :
OUTFRONT Media Inc (Symbol: OUT) :
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 1.15% for Amerisafe Inc, 2.20% for TFS Financial Corp, and 5.86% for OUTFRONT Media Inc.
In Monday trading, Amerisafe Inc shares are currently up about 0.6%, TFS Financial Corp shares are up about 0.1%, and OUTFRONT Media Inc shares are up about 0.2% 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.