Looking at the universe of stocks we cover at Dividend Channel , on 2/27/19, Voya Financial Inc (Symbol: VOYA), Maxim Integrated Products, Inc. (Symbol: MXIM), and Power Integrations Inc. (Symbol: POWI) will all trade ex-dividend for their respective upcoming dividends. Voya Financial Inc will pay its quarterly dividend of $0.01 on 3/27/19, Maxim Integrated Products, Inc. will pay its quarterly dividend of $0.46 on 3/14/19, and Power Integrations Inc. will pay its quarterly dividend of $0.17 on 3/29/19. As a percentage of VOYA's recent stock price of $50.38, this dividend works out to approximately 0.02%, so look for shares of Voya Financial Inc to trade 0.02% lower - all else being equal - when VOYA shares open for trading on 2/27/19. Similarly, investors should look for MXIM to open 0.82% lower in price and for POWI to open 0.23% lower, all else being equal.
When an S&P 1500 component reaches 20 years of dividend increases, it becomes a contender to join the elite "Dividend Aristocrats" index. Maxim Integrated Products, Inc. (Symbol: MXIM) is a " future dividend aristocrats contender ," with 16+ years of increases.
Below are dividend history charts for VOYA, MXIM, and POWI, showing historical dividends prior to the most recent ones declared.
Voya Financial Inc (Symbol: VOYA) :
Maxim Integrated Products, Inc. (Symbol: MXIM) :
Power Integrations Inc. (Symbol: POWI) :
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 recen t dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 0.08% for Voya Financial Inc, 3.26% for Maxim Integrated Products, Inc., and 0.92% for Power Integrations Inc..
In Monday trading, Voya Financial Inc shares are currently up about 0.9%, Maxim Integrated Products, Inc. shares are up about 0.9%, and Power Integrations Inc. shares are up about 1.4% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.