Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 5/9/18, Heritage Financial Corp (Symbol: HFWA), Silicon Motion Technology Corp (Symbol: SIMO), and International Business Machines Corp (Symbol: IBM) will all trade ex-dividend for their respective upcoming dividends. Heritage Financial Corp will pay its quarterly dividend of $0.15 on 5/24/18, Silicon Motion Technology Corp will pay its quarterly dividend of $0.30 on 5/23/18, and International Business Machines Corp will pay its quarterly dividend of $1.57 on 6/9/18. As a percentage of HFWA's recent stock price of $31.15, this dividend works out to approximately 0.48%, so look for shares of Heritage Financial Corp to trade 0.48% lower - all else being equal - when HFWA shares open for trading on 5/9/18. Similarly, investors should look for SIMO to open 0.66% lower in price and for IBM to open 1.09% lower, all else being equal.
Below are dividend history charts for HFWA, SIMO, and IBM, showing historical dividends prior to the most recent ones declared.
Heritage Financial Corp (Symbol: HFWA) :
Silicon Motion Technology Corp (Symbol: SIMO) :
International Business Machines Corp (Symbol: IBM) :
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 1.93% for Heritage Financial Corp , 2.64% for Silicon Motion Technology Corp, and 4.36% for International Business Machines Corp.
In Monday trading, Heritage Financial Corp shares are currently trading flat, Silicon Motion Technology Corp shares are up about 0.4%, and International Business Machines Corp shares are trading flat on the day.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
