|
Featured MNV Articles:
| Ex-Dividend Reminder: Merchants Bancorp, Stewart Information Services and Intercontinental ExchangeBy Dividend Channel Staff, Monday, June 12, 10:29 AM ET
On 6/14/23, Merchants Bancorp (Indiana) (NASDAQ:MBIN), Stewart Information Services Corp (NYSE:STC), and Intercontinental Exchange Inc (NYSE:ICE) will all trade ex-dividend for their respective upcoming dividends. Merchants Bancorp (Indiana) will pay its quarterly dividend of $0.08 on 7/3/23, Stewart Information Services Corp will pay its quarterly dividend of $0.45 on 6/30/23, and Intercontinental Exchange Inc will pay its quarterly dividend of $0.42 on 6/30/23. As a percentage of MBIN's recent stock price of $26.26, this dividend works out to approximately 0.30%, so look for shares of Merchants Bancorp (Indiana) to trade 0.30% lower — all else being equal — when MBIN shares open for trading on 6/14/23. Similarly, investors should look for STC to open 1.03% lower in price and for ICE to open 0.38% lower, all else being equal. Below are dividend history charts for MBIN, STC, and ICE, showing historical dividends prior to the most recent ones declared. Merchants Bancorp (Indiana) (NASDAQ:MBIN): Stewart Information Services Corp (NYSE:STC): Intercontinental Exchange Inc (NYSE:ICE): 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 1.22% for Merchants Bancorp (Indiana), 4.13% for Stewart Information Services Corp, and 1.54% for Intercontinental Exchange Inc. Free Report: Top 8%+ Dividends (paid monthly) In Monday trading, Merchants Bancorp (Indiana) shares are currently off about 3.5%, Stewart Information Services Corp shares are trading flat, and Intercontinental Exchange Inc shares are down about 0.8% on the day.
This Article's Word Cloud:
Arial
Bancorp
Corp
Exchange
Indiana
Information
Intercontinental
MBIN
Merchants
NYSE
Services
Stewart
afterLeftLabels
axisColor
background
beforeLeftLabels
bkgImage
bottomBuffer
bottomLabels
bottomTableHeight
chartBackgroundColor
clientId
dividend
dividends
document
escape
fillBelowLine
fillColor
fontFace
fontSize
gridBackgroundColor
gridColor
gridLocation
height
labelColor
labelSide
left
leftBuffer
leftLabelsEvery
lineColors
lineThicknesses
lower
movingAverageColors
movingAverages
open
period
prevCloseColor
quarterly
shares
will
|