Ex-Dividend Reminder: Power Integrations, Shutterstock and FactSet Research Systems

Looking at the universe of stocks we cover at Dividend Channel, on 11/29/23, Power Integrations Inc. (Symbol: POWI), Shutterstock Inc (Symbol: SSTK), and FactSet Research Systems Inc. (Symbol: FDS) will all trade ex-dividend for their respective upcoming dividends. Power Integrations Inc. will pay its quarterly dividend of $0.20 on 12/29/23, Shutterstock Inc will pay its quarterly dividend of $0.27 on 12/14/23, and FactSet Research Systems Inc. will pay its quarterly dividend of $0.98 on 12/21/23. As a percentage of POWI's recent stock price of $77.15, this dividend works out to approximately 0.26%, so look for shares of Power Integrations Inc. to trade 0.26% lower — all else being equal — when POWI shares open for trading on 11/29/23. Similarly, investors should look for SSTK to open 0.60% lower in price and for FDS to open 0.21% lower, all else being equal.

Below are dividend history charts for POWI, SSTK, and FDS, showing historical dividends prior to the most recent ones declared.

Power Integrations Inc. (Symbol: POWI):

Shutterstock Inc (Symbol: SSTK):

FactSet Research Systems Inc. (Symbol: FDS):

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 1.04% for Power Integrations Inc., 2.40% for Shutterstock Inc, and 0.85% for FactSet Research Systems Inc..

In Monday trading, Power Integrations Inc. shares are currently up about 0.1%, Shutterstock Inc shares are down about 0.7%, and FactSet Research Systems Inc. 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.