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Ex-Dividend Reminder: Voya Financial, Maxim Integrated Products and Power Integrations

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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) :

VOYA+Dividend+History+Chart

Maxim Integrated Products, Inc. (Symbol: MXIM) :

MXIM+Dividend+History+Chart

Power Integrations Inc. (Symbol: POWI) :

POWI+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 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.

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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