LLooking at the universe of stocks we cover on Dividend Channel, on 9/9/21 Northern Trust Corp (Symbol: NTRS), WesBanco Inc (Symbol: WSBC) and TriCo Bancshares (Symbol: TCBK) will all trade ex-dividend for their next respective dividends. Northern Trust Corp will pay its quarterly dividend of $0.70 on 01/10/21, WesBanco Inc will pay its quarterly dividend of $0.33 on 01/10/21 and TriCo Bancshares will pay its quarterly dividend of $0.25 on 24 /09/21. As a percentage of NTRS’ recent stock price of $116.56, that dividend equates to around 0.60%, so look for Northern Trust Corp shares to trade 0.60% lower – all things being equal – when NTRS shares open for trading on 9/9/21. Similarly, investors should expect WSBC to open 1.00% lower and TCBK to open 0.62% lower, all things being equal otherwise.
Below are historical dividend charts for NTRS, WSBC and TCBK, showing historical dividends prior to the most recent declared.
Northern Trust Corp (Symbol: NTRS):
WesBanco Inc (Symbol: WSBC):
TriCo Banc Shares (Symbol: TCBK):
In general, dividends are not always predictable, following the ups and downs of corporate earnings over time. Therefore, a good first due diligence step in forming an annual return expectation in the future is to review the above history, for a sense of stability over time. This can help judge whether these companies’ most recent dividends are likely to continue. If they continue, current estimated returns on an annualized basis would be 2.40% for Northern Trust Corp, 4.02% for WesBanco Inc and 2.46% for TriCo Bancshares.
On Tuesday, shares of Northern Trust Corp are currently down about 0.7%, shares of WesBanco Inc are up about 0.8% and shares of TriCo Bancshares are up about 3.5%. % over the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.