Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 9/7/17, Infinity Property & Casualty Corp (Symbol: IPCC), Travelers Companies Inc (Symbol: TRV), and Jack Henry & Associates, Inc. (Symbol: JKHY) will all trade ex-dividend for their respective upcoming dividends. Infinity Property & Casualty Corp will pay its quarterly dividend of $0.58 on 9/22/17, Travelers Companies Inc will pay its quarterly dividend of $0.72 on 9/29/17, and Jack Henry & Associates, Inc. will pay its quarterly dividend of $0.31 on 9/28/17. As a percentage of IPCC's recent stock price of $87.65, this dividend works out to approximately 0.66%, so look for shares of Infinity Property & Casualty Corp to trade 0.66% lower - all else being equal - when IPCC shares open for trading on 9/7/17. Similarly, investors should look for TRV to open 0.61% lower in price and for JKHY to open 0.30% lower, all else being equal.
When an S&P 1500 component reaches 20 years of dividend increases, it becomes a contender to join the elite "Dividend Aristocrats" index. Infinity Property & Casualty Corp (Symbol: IPCC) is a " future dividend aristocrats contender ," with 14+ years of increases.
Below are dividend history charts for IPCC, TRV, and JKHY, showing historical dividends prior to the most recent ones declared.
Infinity Property & Casualty Corp (Symbol: IPCC) :
Travelers Companies Inc (Symbol: TRV) :
Jack Henry & Associates, Inc. (Symbol: JKHY) :
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 2.65% for Infinity Property & Casualty Corp, 2.45% for Travelers Companies Inc , and 1.21% for Jack Henry & Associates, Inc..
In Tuesday trading, Infinity Property & Casualty Corp shares are currently down about 0.9%, Travelers Companies Inc shares are off about 2%, and Jack Henry & Associates, Inc. shares are down about 0.3% on the day.
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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.
