Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Strong Insider Buying Found in the Underlying Holdings of BIZD
Tuesday, February 11, 9:41 AM ET, by Market News Video Staff
A look at the weighted underlying holdings of the BDC Income ETF (BIZD) shows an ...
New Mountain Finance Named Top Dividend Stock With Insider Buying and 9.07% Yield (NMFC)
Tuesday, February 18, 4:22 PM ET, by Market News Video Staff
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then ...
Community Bank System, Inc. Becomes Oversold
Wednesday, February 19, 4:07 PM ET, by Market News Video Staff
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
New Mountain Finance Corp (NMFC) Shares Cross Below 200 DMA
Friday, March 7, 4:27 PM ET, by Market News Video Staff
In trading on Friday, shares of New Mountain Finance Corp (NMFC) crossed below their 200 ...
Ex-Dividend Reminder: Community Bank System, WesBanco and Motorola Solutions Inc.
Monday, March 10, 10:55 AM ET, by Market News Video Staff
On 3/12/14, Community Bank System, Inc. (CBU), WesBanco, Inc.. ...
Ex-Dividend Reminder: First Financial Bankshares, Community Bank System and New Mountain Finance
By Dividend Channel Staff, Tuesday, June 10, 10:03 AM ET
On 6/12/14, First Financial Bankshares, Inc. (NASDAQ:FFIN), Community Bank System, Inc. (NYSE:CBU), and New Mountain Finance Corp (NYSE:NMFC) will all trade ex-dividend for their respective upcoming dividends. First Financial Bankshares, Inc. will pay its quarterly dividend of $0.14 on 7/1/14, Community Bank System, Inc. will pay its quarterly dividend of $0.28 on 7/10/14, and New Mountain Finance Corp will pay its quarterly dividend of $0.34 on 6/30/14.
As a percentage of FFIN's recent stock price of $32.15, this dividend works out to approximately 0.44%, so look for shares of First Financial Bankshares, Inc. to trade 0.44% lower — all else being equal — when FFIN shares open for trading on 6/12/14. Similarly, investors should look for CBU to open 0.75% lower in price and for NMFC to open 2.36% lower, all else being equal.
Below are dividend history charts for FFIN, CBU, and NMFC, showing historical dividends prior to the most recent ones declared.
First Financial Bankshares, Inc. (NASDAQ:FFIN):
Community Bank System, Inc. (NYSE:CBU):
New Mountain Finance Corp (NYSE:NMFC):
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 1.74% for First Financial Bankshares, Inc., 2.99% for Community Bank System, Inc., and 9.44% for New Mountain Finance Corp.
Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
In Tuesday trading, First Financial Bankshares, Inc. shares are currently down about 0.3%, Community Bank System, Inc. shares are trading flat, and New Mountain Finance Corp shares are off about 0.3% on the day.
This Article's Word Cloud: