Looking at the universe of stocks we cover at Dividend Channel, on 12/23/24, Bank First Corp (Symbol: BFC), LTC Properties, Inc. (Symbol: LTC), and IDT Corp (Symbol: IDT) will all trade ex-dividend for their respective upcoming dividends. Bank First Corp will pay its quarterly dividend of $0.45 on 1/6/25, LTC Properties, Inc. will pay its monthly dividend of $0.19 on 12/31/24, and IDT Corp will pay its quarterly dividend of $0.05 on 12/31/24. As a percentage of BFC's recent stock price of $101.21, this dividend works out to approximately 0.44%, so look for shares of Bank First Corp to trade 0.44% lower — all else being equal — when BFC shares open for trading on 12/23/24. Similarly, investors should look for LTC to open 0.54% lower in price and for IDT to open 0.11% lower, all else being equal.
Below are dividend history charts for BFC, LTC, and IDT, showing historical dividends prior to the most recent ones declared.
Bank First Corp (Symbol: BFC):
LTC Properties, Inc. (Symbol: LTC):
IDT Corp (Symbol: IDT):
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 1.78% for Bank First Corp, 6.44% for LTC Properties, Inc., and 0.42% for IDT Corp.
In Thursday trading, Bank First Corp shares are currently off about 4.9%, LTC Properties, Inc. shares are down about 3%, and IDT Corp shares are down about 4.6% 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.