UE

Ex-Dividend Reminder: First Financial Bankshares, Urban Edge Properties and Mercury General

A generic image of a person holding a pen and paper Credit: Shutterstock photo

Looking at the universe of stocks we cover at Dividend Channel , on 3/14/18, First Financial Bankshares, Inc. (Symbol: FFIN), Urban Edge Properties (Symbol: UE), and Mercury General Corp. (Symbol: MCY) will all trade ex-dividend for their respective upcoming dividends. First Financial Bankshares, Inc. will pay its quarterly dividend of $0.19 on 4/2/18, Urban Edge Properties will pay its quarterly dividend of $0.22 on 3/30/18, and Mercury General Corp. will pay its quarterly dividend of $0.625 on 3/29/18. As a percentage of FFIN's recent stock price of $49.00, this dividend works out to approximately 0.39%, so look for shares of First Financial Bankshares, Inc. to trade 0.39% lower - all else being equal - when FFIN shares open for trading on 3/14/18. Similarly, investors should look for UE to open 1.01% lower in price and for MCY to open 1.36% lower, all else being equal.

Below are dividend history charts for FFIN, UE, and MCY, showing historical dividends prior to the most recent ones declared.

First Financial Bankshares, Inc. (Symbol: FFIN) :

Urban Edge Properties (Symbol: UE) :

Mercury General Corp. (Symbol: MCY) :

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 1.55% for First Financial Bankshares, Inc., 4.06% for Urban Edge Properties, and 5.46% for Mercury General Corp..

In Monday trading, First Financial Bankshares, Inc. shares are currently trading flat, Urban Edge Properties shares are down about 0.1%, and Mercury General Corp. shares are down about 2.2% 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.

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.