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Ex-Dividend Reminder: Horton, M.D.C. Holdings and Brown & Brown

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Looking at the universe of stocks we cover at Dividend Channel , on 8/7/18, Horton Inc (Symbol: DHI), M.D.C. Holdings, Inc. (Symbol: MDC), and Brown & Brown Inc (Symbol: BRO) will all trade ex-dividend for their respective upcoming dividends. Horton Inc will pay its quarterly dividend of $0.125 on 8/22/18, M.D.C. Holdings, Inc. will pay its quarterly dividend of $0.30 on 8/22/18, and Brown & Brown Inc will pay its quarterly dividend of $0.075 on 8/15/18. As a percentage of DHI's recent stock price of $43.76, this dividend works out to approximately 0.29%, so look for shares of Horton Inc to trade 0.29% lower - all else being equal - when DHI shares open for trading on 8/7/18. Similarly, investors should look for MDC to open 0.99% lower in price and for BRO to open 0.26% lower, all else being equal.

Below are dividend history charts for DHI, MDC, and BRO, showing historical dividends prior to the most recent ones declared.

Horton Inc (Symbol: DHI) :

DHI+Dividend+History+Chart

M.D.C. Holdings, Inc. (Symbol: MDC) :

MDC+Dividend+History+Chart

Brown & Brown Inc (Symbol: BRO) :

BRO+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 1.14% for Horton Inc, 3.94% for M.D.C. Holdings, Inc., and 1.03% for Brown & Brown Inc.

In Friday trading, Horton Inc shares are currently off about 0.1%, M.D.C. Holdings, Inc. shares are trading flat, and Brown & Brown Inc shares are off about 0.5% 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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