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Ex-Dividend Reminder: SCANA, Stock Yards Bancorp and CNO Financial Group

Looking at the universe of stocks we cover at Dividend Channel , on 9/8/17, SCANA Corp (Symbol: SCG), Stock Yards Bancorp Inc (Symbol: SYBT), and CNO Financial Group Inc (Symbol: CNO) will all trade ex-dividend for their respective upcoming dividends. SCANA Corp will pay its quarterly dividend of $0.6125 on 10/1/17, Stock Yards Bancorp Inc will pay its quarterly dividend of $0.20 on 10/2/17, and CNO Financial Group Inc will pay its quarterly dividend of $0.09 on 9/25/17. As a percentage of SCG's recent stock price of $59.82, this dividend works out to approximately 1.02%, so look for shares of SCANA Corp to trade 1.02% lower - all else being equal - when SCG shares open for trading on 9/8/17. Similarly, investors should look for SYBT to open 0.59% lower in price and for CNO to open 0.41% lower, all else being equal.

Below are dividend history charts for SCG, SYBT, and CNO, showing historical dividends prior to the most recent ones declared.

SCANA Corp (Symbol: SCG) :

SCG+Dividend+History+Chart

Stock Yards Bancorp Inc (Symbol: SYBT) :

SYBT+Dividend+History+Chart

CNO Financial Group Inc (Symbol: CNO) :

CNO+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 4.10% for SCANA Corp, 2.36% for Stock Yards Bancorp Inc, and 1.63% for CNO Financial Group Inc.

In Wednesday trading, SCANA Corp shares are currently down about 0.1%, Stock Yards Bancorp Inc shares are up about 0.7%, and CNO Financial Group Inc shares are up about 0.5% 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.

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