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Ex-Dividend Reminder: FactSet Research Systems, Shutterstock and Tennant

By Dividend Channel Staff, Monday, August 28, 11:20 AM ET
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On 8/30/23, FactSet Research Systems Inc. (NYSE:FDS), Shutterstock Inc (NYSE:SSTK), and Tennant Co. (NYSE:TNC) will all trade ex-dividend for their respective upcoming dividends. FactSet Research Systems Inc. will pay its quarterly dividend of $0.98 on 9/21/23, Shutterstock Inc will pay its quarterly dividend of $0.27 on 9/14/23, and Tennant Co. will pay its quarterly dividend of $0.265 on 9/15/23.

As a percentage of FDS's recent stock price of $429.83, this dividend works out to approximately 0.23%, so look for shares of FactSet Research Systems Inc. to trade 0.23% lower — all else being equal — when FDS shares open for trading on 8/30/23. Similarly, investors should look for SSTK to open 0.64% lower in price and for TNC to open 0.32% lower, all else being equal.

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

FactSet Research Systems Inc. (NYSE:FDS):

Shutterstock Inc (NYSE:SSTK):

Tennant Co. (NYSE:TNC):

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 0.91% for FactSet Research Systems Inc., 2.57% for Shutterstock Inc, and 1.29% for Tennant Co..


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In Monday trading, FactSet Research Systems Inc. shares are currently up about 0.1%, Shutterstock Inc shares are up about 0.9%, and Tennant Co. shares are up about 0.5% on the day.


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