Looking at the universe of stocks we cover at Dividend Channel, on 2/16/24, Moelis & Company Class A (Symbol: MC), Kemper Corp (Symbol: KMPR), and Prudential Financial Inc (Symbol: PRU) will all trade ex-dividend for their respective upcoming dividends. Moelis & Company Class A will pay its quarterly dividend of $0.60 on 3/28/24, Kemper Corp will pay its quarterly dividend of $0.31 on 3/5/24, and Prudential Financial Inc will pay its quarterly dividend of $1.30 on 3/14/24. As a percentage of MC's recent stock price of $53.63, this dividend works out to approximately 1.12%, so look for shares of Moelis & Company Class A to trade 1.12% lower — all else being equal — when MC shares open for trading on 2/16/24. Similarly, investors should look for KMPR to open 0.55% lower in price and for PRU to open 1.24% lower, all else being equal.
Below are dividend history charts for MC, KMPR, and PRU, showing historical dividends prior to the most recent ones declared.
Moelis & Company Class A (Symbol: MC):
Kemper Corp (Symbol: KMPR):
Prudential Financial Inc (Symbol: PRU):
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 4.48% for Moelis & Company Class A, 2.22% for Kemper Corp, and 4.94% for Prudential Financial Inc.
In Wednesday trading, Moelis & Company Class A shares are currently off about 4.4%, Kemper Corp shares are down about 3.5%, and Prudential Financial Inc shares are down about 1.9% on the day.
Also see:
PE History TEDU market cap history
GLEE shares outstanding history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
