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Ex-Dividend Reminder: Spirit Realty Capital, Ameris Bancorp and International Bancshares

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Looking at the universe of stocks we cover at Dividend Channel , on 9/28/15, Spirit Realty Capital, Inc (Symbol: SRC), Ameris Bancorp (Symbol: ABCB), and International Bancshares Corp. (Symbol: IBOC) will all trade ex-dividend for their respective upcoming dividends. Spirit Realty Capital, Inc will pay its quarterly dividend of $0.17 on 10/15/15, Ameris Bancorp will pay its quarterly dividend of $0.05 on 10/9/15, and International Bancshares Corp. will pay its semi-annual dividend of $0.29 on 10/15/15. As a percentage of SRC's recent stock price of $9.49, this dividend works out to approximately 1.79%, so look for shares of Spirit Realty Capital, Inc to trade 1.79% lower - all else being equal - when SRC shares open for trading on 9/28/15. Similarly, investors should look for ABCB to open 0.18% lower in price and for IBOC to open 1.18% lower, all else being equal.

Below are dividend history charts for SRC, ABCB, and IBOC, showing historical dividends prior to the most recent ones declared. Spirit Realty Capital, Inc (Symbol: SRC) :

SRC+Dividend+History+Chart

Ameris Bancorp (Symbol: ABCB) :

ABCB+Dividend+History+Chart

International Bancshares Corp. (Symbol: IBOC) :

IBOC+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 7.17% for Spirit Realty Capital, Inc , 0.72% for Ameris Bancorp, and 2.37% for International Bancshares Corp.. In Thursday trading, Spirit Realty Capital, Inc shares are currently trading flat, Ameris Bancorp shares are down about 0.6%, and International Bancshares Corp. shares are off about 1.1% 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.

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