Fri, May 24, 8:21 AM, Zacks
The Zacks Analyst Blog Highlights: Home Depot, Phillip Morris, United Parcel Service, V.F. and Shopify
The Zacks Analyst Blog Highlights Home Depot, Phillip Morris, United Parcel Service, V.F. and Shopify
Tue, May 21, 4:12 AM, Zacks
Bear of the Day: Stamps.com (STMP)
It recently cut full year guidance for the second time this year.
Featured MNV Articles:
|Ex-Dividend Reminder: OceanFirst Financial Corp, WestAmerica Bancorporation and Sterling Bancorp
Wednesday, January 30, 10:04 AM ET, by Market News Video Staff
On 2/1/19, OceanFirst Financial Corp (OCFC), WestAmerica Bancorporation (WABC), and Sterling Bancorp (STL) will all ...
Look Under The Hood: IYG Has 15% Upside
Thursday, January 31, 7:49 AM ET, by Market News Video Staff
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
Vornado Realty Trust Takes Over #348 Spot From Darden Restaurants
Thursday, January 31, 4:37 PM ET, by Market News Video Staff
In the latest look at the underlying components of the S&P 500 ordered by largest ...
OCFC: Insiders vs. Shorts
Thursday, February 7, 2:59 PM ET, by Market News Video Staff
The most recent short interest data was recently released for the 01/15/2019 settlement date, and ...
Bullish Two Hundred Day Moving Average Cross - VNO
Friday, February 8, 10:59 AM ET, by Market News Video Staff
In trading on Friday, shares of Vornado Realty Trust (VNO) crossed above their 200 day ...
Ex-Dividend Reminder: Lazard, Vornado Realty Trust and OceanFirst Financial
By Dividend Channel Staff, Wednesday, May 2, 9:56 AM ET
On 5/4/18, Lazard (NYSE:LAZ), Vornado Realty Trust (NYSE:VNO), and OceanFirst Financial Corp (NASDAQ:OCFC) will all trade ex-dividend for their respective upcoming dividends. Lazard will pay its quarterly dividend of $0.44 on 5/18/18, Vornado Realty Trust will pay its quarterly dividend of $0.63 on 5/18/18, and OceanFirst Financial Corp will pay its quarterly dividend of $0.15 on 5/18/18.
As a percentage of LAZ's recent stock price of $54.94, this dividend works out to approximately 0.80%, so look for shares of Lazard to trade 0.80% lower — all else being equal — when LAZ shares open for trading on 5/4/18. Similarly, investors should look for VNO to open 0.91% lower in price and for OCFC to open 0.56% lower, all else being equal.
Below are dividend history charts for LAZ, VNO, and OCFC, showing historical dividends prior to the most recent ones declared.
Vornado Realty Trust (NYSE:VNO):
OceanFirst Financial Corp (NASDAQ:OCFC):
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 3.20% for Lazard, 3.64% for Vornado Realty Trust, and 2.24% for OceanFirst Financial Corp.
Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
In Wednesday trading, Lazard shares are currently down about 0.2%, Vornado Realty Trust shares are down about 1.3%, and OceanFirst Financial Corp shares are up about 0.1% on the day.
This Article's Word Cloud: