Markets

Ex-Dividend Reminder: James River Group Holdings, Chico's FAS and MGM Resorts International

Looking at the universe of stocks we cover at Dividend Channel , on 9/8/17, James River Group Holdings Ltd. (Symbol: JRVR), Chico's FAS Inc (Symbol: CHS), and MGM Resorts International (Symbol: MGM) will all trade ex-dividend for their respective upcoming dividends. James River Group Holdings Ltd. will pay its quarterly dividend of $0.30 on 9/29/17, Chico's FAS Inc will pay its quarterly dividend of $0.0825 on 9/25/17, and MGM Resorts International will pay its quarterly dividend of $0.11 on 9/15/17. As a percentage of JRVR's recent stock price of $37.78, this dividend works out to approximately 0.79%, so look for shares of James River Group Holdings Ltd. to trade 0.79% lower - all else being equal - when JRVR shares open for trading on 9/8/17. Similarly, investors should look for CHS to open 1.01% lower in price and for MGM to open 0.33% lower, all else being equal.

Below are dividend history charts for JRVR, CHS, and MGM, showing historical dividends prior to the most recent ones declared.

James River Group Holdings Ltd. (Symbol: JRVR) :

JRVR+Dividend+History+Chart

Chico's FAS Inc (Symbol: CHS) :

CHS+Dividend+History+Chart

MGM Resorts International (Symbol: MGM) :

MGM+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 3.18% for James River Group Holdings Ltd., 4.05% for Chico's FAS Inc, and 1.32% for MGM Resorts International.

In Wednesday trading, James River Group Holdings Ltd. shares are currently up about 0.6%, Chico's FAS Inc shares are up about 1.8%, and MGM Resorts International shares are up about 0.8% 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

JRVR CHS MGM

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