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Ex-Dividend Reminder: Union Bankshares, Summit Hotel Properties Inc and BOK Financial

Looking at the universe of stocks we cover at Dividend Channel , on 8/13/14, Union Bankshares Corp (Symbol: UBSH), Summit Hotel Properties Inc (Symbol: INN), and BOK Financial Corp. (Symbol: BOKF) will all trade ex-dividend for their respective upcoming dividends. Union Bankshares Corp will pay its quarterly dividend of $0.15 on 8/29/14, Summit Hotel Properties Inc will pay its quarterly dividend of $0.1175 on 8/29/14, and BOK Financial Corp. will pay its quarterly dividend of $0.40 on 8/29/14. As a percentage of UBSH's recent stock price of $24.36, this dividend works out to approximately 0.62%, so look for shares of Union Bankshares Corp to trade 0.62% lower - all else being equal - when UBSH shares open for trading on 8/13/14. Similarly, investors should look for INN to open 1.08% lower in price and for BOKF to open 0.60% lower, all else being equal.

Below are dividend history charts for UBSH, INN, and BOKF, showing historical dividends prior to the most recent ones declared.

Union Bankshares Corp (Symbol: UBSH) :

UBSH+Dividend+History+Chart

Summit Hotel Properties Inc (Symbol: INN) :

INN+Dividend+History+Chart

BOK Financial Corp. (Symbol: BOKF) :

BOKF+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 2.46% for Union Bankshares Corp , 4.32% for Summit Hotel Properties Inc, and 2.41% for BOK Financial Corp..

In Monday trading, Union Bankshares Corp shares are currently up about 0.4%, Summit Hotel Properties Inc shares are up about 0.6%, and BOK Financial Corp. shares are up about 0.1% 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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