Markets
BDN

Ex-Dividend Reminder: Erie Indemnity, New Residential Investment and Brandywine Realty Trust

Interacting with graphics

Looking at the universe of stocks we cover at Dividend Channel , on 10/1/15, Erie Indemnity Co. (Symbol: ERIE), New Residential Investment Corp (Symbol: NRZ), and Brandywine Realty Trust (Symbol: BDN) will all trade ex-dividend for their respective upcoming dividends. Erie Indemnity Co. will pay its quarterly dividend of $0.681 on 10/20/15, New Residential Investment Corp will pay its quarterly dividend of $0.46 on 10/30/15, and Brandywine Realty Trust will pay its quarterly dividend of $0.15 on 10/19/15. As a percentage of ERIE's recent stock price of $81.18, this dividend works out to approximately 0.84%, so look for shares of Erie Indemnity Co. to trade 0.84% lower - all else being equal - when ERIE shares open for trading on 10/1/15. Similarly, investors should look for NRZ to open 3.53% lower in price and for BDN to open 1.24% lower, all else being equal.

Below are dividend history charts for ERIE, NRZ, and BDN, showing historical dividends prior to the most recent ones declared.

Erie Indemnity Co. (Symbol: ERIE) :

ERIE+Dividend+History+Chart

New Residential Investment Corp (Symbol: NRZ) :

NRZ+Dividend+History+Chart

Brandywine Realty Trust (Symbol: BDN) :

BDN+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 3.36% for Erie Indemnity Co., 14.13% for New Residential Investment Corp, and 4.98% for Brandywine Realty Trust.

In Tuesday trading, Erie Indemnity Co. shares are currently up about 0.1%, New Residential Investment Corp shares are down about 1.4%, and Brandywine Realty Trust 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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

BDN ERIE NRZ

Other Topics

Options

Latest Markets Videos

    BNK Invest

    BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.

    Learn More