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Ex-Dividend Reminder: United Financial Bancorp, Pinnacle Financial Partners and Norfolk Southern Corp.

Looking at the universe of stocks we cover at Dividend Channel , on 2/1/17, United Financial Bancorp Inc (Symbol: UBNK), Pinnacle Financial Partners Inc. (Symbol: PNFP), and Norfolk Southern Corp. (Symbol: NSC) will all trade ex-dividend for their respective upcoming dividends. United Financial Bancorp Inc will pay its quarterly dividend of $0.12 on 2/15/17, Pinnacle Financial Partners Inc. will pay its quarterly dividend of $0.14 on 2/24/17, and Norfolk Southern Corp. will pay its quarterly dividend of $0.61 on 3/10/17. As a percentage of UBNK's recent stock price of $18.11, this dividend works out to approximately 0.66%, so look for shares of United Financial Bancorp Inc to trade 0.66% lower - all else being equal - when UBNK shares open for trading on 2/1/17. Similarly, investors should look for PNFP to open 0.21% lower in price and for NSC to open 0.51% lower, all else being equal.

Below are dividend history charts for UBNK, PNFP, and NSC, showing historical dividends prior to the most recent ones declared.

United Financial Bancorp Inc (Symbol: UBNK) :

UBNK+Dividend+History+Chart

Pinnacle Financial Partners Inc. (Symbol: PNFP) :

PNFP+Dividend+History+Chart

Norfolk Southern Corp. (Symbol: NSC) :

NSC+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 2.65% for United Financial Bancorp Inc , 0.83% for Pinnacle Financial Partners Inc., and 2.05% for Norfolk Southern Corp..

In Monday trading, United Financial Bancorp Inc shares are currently off about 1.7%, Pinnacle Financial Partners Inc. shares are down about 0.7%, and Norfolk Southern Corp. shares are off about 1.1% 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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