Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 5/2/18, S & T Bancorp Inc (Symbol: STBA), Moelis & Company Class A (Symbol: MC), and Northwest Bancshares, Inc. (Symbol: NWBI) will all trade ex-dividend for their respective upcoming dividends. S & T Bancorp Inc will pay its quarterly dividend of $0.25 on 5/17/18, Moelis & Company Class A will pay its quarterly dividend of $0.47 on 5/17/18, and Northwest Bancshares, Inc. will pay its quarterly dividend of $0.17 on 5/17/18. As a percentage of STBA's recent stock price of $43.40, this dividend works out to approximately 0.58%, so look for shares of S & T Bancorp Inc to trade 0.58% lower - all else being equal - when STBA shares open for trading on 5/2/18. Similarly, investors should look for MC to open 0.88% lower in price and for NWBI to open 1.01% lower, all else being equal.
Below are dividend history charts for STBA, MC, and NWBI, showing historical dividends prior to the most recent ones declared.
S & T Bancorp Inc (Symbol: STBA) :
Moelis & Company Class A (Symbol: MC) :
Northwest Bancshares, Inc. (Symbol: NWBI) :
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 2.30% for S & T Bancorp Inc , 3.51% for Moelis & Company Class A, and 4.03% for Northwest Bancshares, Inc. .
In Monday trading, S & T Bancorp Inc shares are currently up about 0.3%, Moelis & Company Class A shares are up about 0.2%, and Northwest Bancshares, Inc. shares are up about 0.2% 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.
