Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 12/14/17, TPG Specialty Lending Inc (Symbol: TSLX), Validus Holdings Ltd (Symbol: VR), and MB Financial Inc (Symbol: MBFI) will all trade ex-dividend for their respective upcoming dividends. TPG Specialty Lending Inc will pay its quarterly dividend of $0.39 on 1/12/18, Validus Holdings Ltd will pay its quarterly dividend of $0.38 on 12/29/17, and MB Financial Inc will pay its quarterly dividend of $0.21 on 12/29/17. As a percentage of TSLX's recent stock price of $20.80, this dividend works out to approximately 1.88%, so look for shares of TPG Specialty Lending Inc to trade 1.88% lower - all else being equal - when TSLX shares open for trading on 12/14/17. Similarly, investors should look for VR to open 0.80% lower in price and for MBFI to open 0.47% lower, all else being equal.
Below are dividend history charts for TSLX, VR, and MBFI, showing historical dividends prior to the most recent ones declared.
TPG Specialty Lending Inc (Symbol: TSLX) :
Validus Holdings Ltd (Symbol: VR) :
MB Financial Inc (Symbol: MBFI) :
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 7.50% for TPG Specialty Lending Inc, 3.19% for Validus Holdings Ltd, and 1.88% for MB Financial Inc.
In Tuesday trading, TPG Specialty Lending Inc shares are currently trading flat, Validus Holdings Ltd shares are up about 0.3%, and MB Financial Inc shares are up about 0.5% 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.
