Looking at the universe of stocks we cover at Dividend Channel , on 12/13/17, Mercury General Corp. (Symbol: MCY), Intercontinental Exchange Incorporated (Symbol: ICE), and Carolina Financial Corp (Symbol: CARO) will all trade ex-dividend for their respective upcoming dividends. Mercury General Corp. will pay its quarterly dividend of $0.625 on 12/28/17, Intercontinental Exchange Incorporated will pay its quarterly dividend of $0.20 on 12/29/17, and Carolina Financial Corp will pay its quarterly dividend of $0.05 on 1/5/18. As a percentage of MCY's recent stock price of $53.25, this dividend works out to approximately 1.17%, so look for shares of Mercury General Corp. to trade 1.17% lower - all else being equal - when MCY shares open for trading on 12/13/17. Similarly, investors should look for ICE to open 0.28% lower in price and for CARO to open 0.13% lower, all else being equal.
Below are dividend history charts for MCY, ICE, and CARO, showing historical dividends prior to the most recent ones declared.
Mercury General Corp. (Symbol: MCY) :
Intercontinental Exchange Incorporated (Symbol: ICE) :
Carolina Financial Corp (Symbol: CARO) :
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 4.69% for Mercury General Corp., 1.13% for Intercontinental Exchange Incorporated, and 0.54% for Carolina Financial Corp .
In Monday trading, Mercury General Corp. shares are currently off about 0.6%, Intercontinental Exchange Incorporated shares are up about 0.1%, and Carolina Financial Corp shares are down about 0.1% 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.
