Looking at the universe of stocks we cover at Dividend Channel , on 5/5/16, WestAmerica Bancorporation (Symbol: WABC), AllianceBernstein Holding L P (Symbol: AB), and Webster Financial Corp (Symbol: WBS) will all trade ex-dividend for their respective upcoming dividends. WestAmerica Bancorporation will pay its quarterly dividend of $0.39 on 5/20/16, AllianceBernstein Holding L P will pay its quarterly dividend of $0.40 on 5/19/16, and Webster Financial Corp will pay its quarterly dividend of $0.25 on 5/23/16. As a percentage of WABC's recent stock price of $47.47, this dividend works out to approximately 0.82%, so look for shares of WestAmerica Bancorporation to trade 0.82% lower - all else being equal - when WABC shares open for trading on 5/5/16. Similarly, investors should look for AB to open 1.71% lower in price and for WBS to open 0.69% lower, all else being equal.
Below are dividend history charts for WABC, AB, and WBS, showing historical dividends prior to the most recent ones declared.
WestAmerica Bancorporation (Symbol: WABC) :
AllianceBernstein Holding L P (Symbol: AB) :
Webster Financial Corp (Symbol: WBS) :
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 3.29% for WestAmerica Bancorporation, 6.84% for AllianceBernstein Holding L P, and 2.75% for Webster Financial Corp .
In Tuesday trading, WestAmerica Bancorporation shares are currently off about 2.4%, AllianceBernstein Holding L P shares are off about 1.9%, and Webster Financial Corp shares are off about 1.8% 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.