Looking at the universe of stocks we cover at Dividend Channel , on 3/1/19, Houlihan Lokey Inc (Symbol: HLI), Hartford Financial Services Group Inc. (Symbol: HIG), and Principal Financial Group Inc (Symbol: PFG) will all trade ex-dividend for their respective upcoming dividends. Houlihan Lokey Inc will pay its quarterly dividend of $0.27 on 3/15/19, Hartford Financial Services Group Inc. will pay its quarterly dividend of $0.30 on 4/1/19, and Principal Financial Group Inc will pay its quarterly dividend of $0.54 on 3/29/19. As a percentage of HLI's recent stock price of $45.20, this dividend works out to approximately 0.60%, so look for shares of Houlihan Lokey Inc to trade 0.60% lower - all else being equal - when HLI shares open for trading on 3/1/19. Similarly, investors should look for HIG to open 0.61% lower in price and for PFG to open 1.03% lower, all else being equal.
Below are dividend history charts for HLI, HIG, and PFG, showing historical dividends prior to the most recent ones declared.
Houlihan Lokey Inc (Symbol: HLI) :
Hartford Financial Services Group Inc. (Symbol: HIG) :
Principal Financial Group Inc (Symbol: PFG) :
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 recen t dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.39% for Houlihan Lokey Inc, 2.45% for Hartford Financial Services Group Inc., and 4.11% for Principal Financial Group Inc.
In Wednesday trading, Houlihan Lokey Inc shares are currently off about 0.3%, Hartford Financial Services Group Inc. shares are trading flat, and Principal Financial Group Inc shares are down about 0.1% 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.