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Ex-Dividend Reminder: TFS Financial, Ladder Capital and Brocade Communications Systems

Looking at the universe of stocks we cover at Dividend Channel , on 9/8/17, TFS Financial Corp (Symbol: TFSL), Ladder Capital Corp (Symbol: LADR), and Brocade Communications Systems, Inc. (Symbol: BRCD) will all trade ex-dividend for their respective upcoming dividends. TFS Financial Corp will pay its quarterly dividend of $0.17 on 9/25/17, Ladder Capital Corp will pay its quarterly dividend of $0.30 on 10/2/17, and Brocade Communications Systems, Inc. will pay its quarterly dividend of $0.055 on 10/3/17. As a percentage of TFSL's recent stock price of $15.13, this dividend works out to approximately 1.12%, so look for shares of TFS Financial Corp to trade 1.12% lower - all else being equal - when TFSL shares open for trading on 9/8/17. Similarly, investors should look for LADR to open 2.25% lower in price and for BRCD to open 0.45% lower, all else being equal.

Below are dividend history charts for TFSL, LADR, and BRCD, showing historical dividends prior to the most recent ones declared.

TFS Financial Corp (Symbol: TFSL) :

TFSL+Dividend+History+Chart

Ladder Capital Corp (Symbol: LADR) :

LADR+Dividend+History+Chart

Brocade Communications Systems, Inc. (Symbol: BRCD) :

BRCD+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 4.49% for TFS Financial Corp, 8.99% for Ladder Capital Corp, and 1.78% for Brocade Communications Systems, Inc..

In Wednesday trading, TFS Financial Corp shares are currently up about 0.3%, Ladder Capital Corp shares are up about 0.2%, and Brocade Communications Systems, Inc. shares are trading flat 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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