Markets

Ex-Dividend Reminder: Preferred Bank, NetApp and Cisco Systems

An image of a pen, calculator and papers
Credit: Shutterstock photo

Looking at the universe of stocks we cover at Dividend Channel , on 7/5/17, Preferred Bank (Symbol: PFBC), NetApp, Inc. (Symbol: NTAP), and Cisco Systems Inc (Symbol: CSCO) will all trade ex-dividend for their respective upcoming dividends. Preferred Bank will pay its quarterly dividend of $0.20 on 7/21/17, NetApp, Inc. will pay its quarterly dividend of $0.20 on 7/26/17, and Cisco Systems Inc will pay its quarterly dividend of $0.29 on 7/26/17. As a percentage of PFBC's recent stock price of $53.67, this dividend works out to approximately 0.37%, so look for shares of Preferred Bank to trade 0.37% lower - all else being equal - when PFBC shares open for trading on 7/5/17. Similarly, investors should look for NTAP to open 0.50% lower in price and for CSCO to open 0.92% lower, all else being equal.

Below are dividend history charts for PFBC, NTAP, and CSCO, showing historical dividends prior to the most recent ones declared.

Preferred Bank (Symbol: PFBC) :

PFBC+Dividend+History+Chart

NetApp, Inc. (Symbol: NTAP) :

NTAP+Dividend+History+Chart

Cisco Systems Inc (Symbol: CSCO) :

CSCO+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 1.49% for Preferred Bank , 1.98% for NetApp, Inc., and 3.68% for Cisco Systems Inc.

In Monday trading, Preferred Bank shares are currently up about 0.4%, NetApp, Inc. shares are up about 0.7%, and Cisco Systems Inc shares are up about 0.7% 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

CSCO NTAP PFBC

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