Looking at the universe of stocks we cover at Dividend Channel , on 2/27/17, Kearny Financial Corp (Symbol: KRNY), Columbia Property Trust Inc (Symbol: CXP), and NBT Bancorp. Inc. (Symbol: NBTB) will all trade ex-dividend for their respective upcoming dividends. Kearny Financial Corp will pay its quarterly dividend of $0.03 on 3/15/17, Columbia Property Trust Inc will pay its quarterly dividend of $0.20 on 3/15/17, and NBT Bancorp. Inc. will pay its quarterly dividend of $0.23 on 3/15/17. As a percentage of KRNY's recent stock price of $15.70, this dividend works out to approximately 0.19%, so look for shares of Kearny Financial Corp to trade 0.19% lower - all else being equal - when KRNY shares open for trading on 2/27/17. Similarly, investors should look for CXP to open 0.87% lower in price and for NBTB to open 0.55% lower, all else being equal.
Below are dividend history charts for KRNY, CXP, and NBTB, showing historical dividends prior to the most recent ones declared.
Kearny Financial Corp (Symbol: KRNY) :
Columbia Property Trust Inc (Symbol: CXP) :
NBT Bancorp. Inc. (Symbol: NBTB) :
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 0.76% for Kearny Financial Corp , 3.46% for Columbia Property Trust Inc, and 2.21% for NBT Bancorp. Inc..
In Thursday trading, Kearny Financial Corp shares are currently up about 0.6%, Columbia Property Trust Inc shares are off about 0.3%, and NBT Bancorp. Inc. shares are off about 0.3% 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.