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Ex-Dividend Reminder: CNO Financial Group, OUTFRONT Media and Legg Mason

Looking at the universe of stocks we cover at Dividend Channel , on 3/8/16, CNO Financial Group Inc (Symbol: CNO), OUTFRONT Media Inc (Symbol: OUT), and Legg Mason, Inc. (Symbol: LM) will all trade ex-dividend for their respective upcoming dividends. CNO Financial Group Inc will pay its quarterly dividend of $0.07 on 3/24/16, OUTFRONT Media Inc will pay its quarterly dividend of $0.34 on 3/31/16, and Legg Mason, Inc. will pay its quarterly dividend of $0.20 on 4/11/16. As a percentage of CNO's recent stock price of $18.37, this dividend works out to approximately 0.38%, so look for shares of CNO Financial Group Inc to trade 0.38% lower - all else being equal - when CNO shares open for trading on 3/8/16. Similarly, investors should look for OUT to open 1.58% lower in price and for LM to open 0.62% lower, all else being equal.

Below are dividend history charts for CNO, OUT, and LM, showing historical dividends prior to the most recent ones declared.

CNO Financial Group Inc (Symbol: CNO) :

CNO+Dividend+History+Chart

OUTFRONT Media Inc (Symbol: OUT) :

OUT+Dividend+History+Chart

Legg Mason, Inc. (Symbol: LM) :

LM+Dividend+History+Chart

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 1.52% for CNO Financial Group Inc, 6.33% for OUTFRONT Media Inc, and 2.50% for Legg Mason, Inc..

In Friday trading, CNO Financial Group Inc shares are currently up about 0.1%, OUTFRONT Media Inc shares are off about 0.1%, and Legg Mason, Inc. shares are up about 0.6% 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.


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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