Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 8/8/17, Wintrust Financial Corp (Symbol: WTFC), Heritage Financial Corp. (Symbol: HFWA), and Marketaxess Holdings Incorporated (Symbol: MKTX) will all trade ex-dividend for their respective upcoming dividends. Wintrust Financial Corp will pay its quarterly dividend of $0.14 on 8/24/17, Heritage Financial Corp. will pay its quarterly dividend of $0.13 on 8/24/17, and Marketaxess Holdings Incorporated will pay its quarterly dividend of $0.33 on 8/24/17. As a percentage of WTFC's recent stock price of $75.31, this dividend works out to approximately 0.19%, so look for shares of Wintrust Financial Corp to trade 0.19% lower - all else being equal - when WTFC shares open for trading on 8/8/17. Similarly, investors should look for HFWA to open 0.48% lower in price and for MKTX to open 0.16% lower, all else being equal.
Below are dividend history charts for WTFC, HFWA, and MKTX, showing historical dividends prior to the most recent ones declared.
Wintrust Financial Corp (Symbol: WTFC) :
Heritage Financial Corp. (Symbol: HFWA) :
Marketaxess Holdings Incorporated (Symbol: MKTX) :
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 0.74% for Wintrust Financial Corp , 1.91% for Heritage Financial Corp. , and 0.64% for Marketaxess Holdings Incorporated.
In Friday trading, Wintrust Financial Corp shares are currently up about 0.9%, Heritage Financial Corp. shares are up about 0.2%, and Marketaxess Holdings Incorporated shares are up about 0.5% 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.
