BETA
This is a BETA experience. You may opt-out by clicking here

More From Forbes

Edit Story

Ex-Dividend Reminder: Idacorp, Northwest Bancshares and Citizens Financial Group

Following
This article is more than 9 years old.

Looking at the universe of stocks we cover at Dividend Channel, on 2/3/15, Idacorp, Inc. (NYSE: IDA), Northwest Bancshares, Inc. (NASD: NWBI), and Citizens Financial Group Inc (NYSE: CFG) will all trade ex-dividend for their respective upcoming dividends. Idacorp, Inc. will pay its quarterly dividend of $0.47 on 3/2/15, Northwest Bancshares, Inc. will pay its quarterly dividend of $0.14 on 2/13/15, and Citizens Financial Group Inc will pay its quarterly dividend of $0.10 on 2/19/15.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen, at DividendChannel.com »

As a percentage of IDA's recent stock price of $69.93, this dividend works out to approximately 0.67%, so look for shares of Idacorp, Inc. to trade 0.67% lower — all else being equal — when IDA shares open for trading on 2/3/15. Similarly, investors should look for NWBI to open 1.16% lower in price and for CFG to open 0.42% lower, all else being equal.

Below are dividend history charts for IDA, NWBI, and CFG, showing historical dividends prior to the most recent ones declared.

Idacorp, Inc. (NYSE: IDA):

Northwest Bancshares, Inc. (NASD: NWBI):

Citizens Financial Group Inc (NYSE: CFG):

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 2.69% for Idacorp, Inc., 4.64% for Northwest Bancshares, Inc. , and 1.66% for Citizens Financial Group Inc .


Special Offer: Add income and energy exposure to your portfolio with a 30 day free trial to Frank Bifulco's Oil & Gas Income Portfolio


In Friday trading, Idacorp, Inc. shares are currently off about 0.6%, Northwest Bancshares, Inc. shares are off about 0.3%, and Citizens Financial Group Inc shares are down about 0.7% on the day.