Looking at the universe of stocks we cover at Dividend Channel, on 12/13/24, Stellar Bancorp Inc (Symbol: STEL), Merchants Bancorp (Indiana) (Symbol: MBIN), and Chubb Ltd (Symbol: CB) will all trade ex-dividend for their respective upcoming dividends. Stellar Bancorp Inc will pay its quarterly dividend of $0.14 on 12/31/24, Merchants Bancorp (Indiana) will pay its quarterly dividend of $0.09 on 1/2/25, and Chubb Ltd will pay its quarterly dividend of $0.91 on 1/3/25. As a percentage of STEL's recent stock price of $30.46, this dividend works out to approximately 0.46%, so look for shares of Stellar Bancorp Inc to trade 0.46% lower — all else being equal — when STEL shares open for trading on 12/13/24. Similarly, investors should look for MBIN to open 0.23% lower in price and for CB to open 0.33% lower, all else being equal.
Below are dividend history charts for STEL, MBIN, and CB, showing historical dividends prior to the most recent ones declared.
Stellar Bancorp Inc (Symbol: STEL):
Merchants Bancorp (Indiana) (Symbol: MBIN):
Chubb Ltd (Symbol: CB):
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 1.84% for Stellar Bancorp Inc, 0.93% for Merchants Bancorp (Indiana), and 1.33% for Chubb Ltd.
In Wednesday trading, Stellar Bancorp Inc shares are currently down about 0.4%, Merchants Bancorp (Indiana) shares are up about 0.8%, and Chubb Ltd shares are down about 1% 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.
