Ex-Dividend Reminder: Maiden Holdings, Torchmark and Marvell Technology Group
Looking at the universe of stocks we cover at Dividend Channel , on 6/29/17, Maiden Holdings Ltd (Symbol: MHLD), Torchmark Corp. (Symbol: TMK), and Marvell Technology Group Ltd. (Symbol: MRVL) will all trade ex-dividend for their respective upcoming dividends. Maiden Holdings Ltd will pay its quarterly dividend of $0.15 on 7/17/17, Torchmark Corp. will pay its quarterly dividend of $0.15 on 8/1/17, and Marvell Technology Group Ltd. will pay its quarterly dividend of $0.06 on 7/21/17. As a percentage of MHLD's recent stock price of $11.25, this dividend works out to approximately 1.33%, so look for shares of Maiden Holdings Ltd to trade 1.33% lower - all else being equal - when MHLD shares open for trading on 6/29/17. Similarly, investors should look for TMK to open 0.20% lower in price and for MRVL to open 0.36% lower, all else being equal.
Below are dividend history charts for MHLD, TMK, and MRVL, showing historical dividends prior to the most recent ones declared.
Maiden Holdings Ltd (Symbol: MHLD) :
Torchmark Corp. (Symbol: TMK) :
Marvell Technology Group Ltd. (Symbol: MRVL) :
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 5.33% for Maiden Holdings Ltd, 0.78% for Torchmark Corp., and 1.43% for Marvell Technology Group Ltd..
In Wednesday trading, Maiden Holdings Ltd shares are currently up about 0.5%, Torchmark Corp. shares are up about 1%, and Marvell Technology Group Ltd. shares are off about 0.4% on the day.