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Ex-Dividend Reminder: United Bankshares, Hanover Insurance Group and NetEase

By Dividend Channel Staff, Tuesday, March 9, 10:55 AM ET
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On 3/11/21, United Bankshares Inc (NASDAQ:UBSI), Hanover Insurance Group Inc (NYSE:THG), and NetEase, Inc (NASDAQ:NTES) will all trade ex-dividend for their respective upcoming dividends. United Bankshares Inc will pay its quarterly dividend of $0.35 on 4/1/21, Hanover Insurance Group Inc will pay its quarterly dividend of $0.70 on 3/26/21, and NetEase, Inc will pay its quarterly dividend of $0.06 on 3/26/21.

As a percentage of UBSI's recent stock price of $38.29, this dividend works out to approximately 0.91%, so look for shares of United Bankshares Inc to trade 0.91% lower — all else being equal — when UBSI shares open for trading on 3/11/21. Similarly, investors should look for THG to open 0.57% lower in price and for NTES to open 0.06% lower, all else being equal.

Below are dividend history charts for UBSI, THG, and NTES, showing historical dividends prior to the most recent ones declared.

United Bankshares Inc (NASDAQ:UBSI):

Hanover Insurance Group Inc (NYSE:THG):

NetEase, Inc (NASDAQ:NTES):

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 3.66% for United Bankshares Inc, 2.27% for Hanover Insurance Group Inc, and 0.23% for NetEase, Inc.


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In Tuesday trading, United Bankshares Inc shares are currently off about 5.6%, Hanover Insurance Group Inc shares are off about 2.2%, and NetEase, Inc shares are up about 3.6% on the day.


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