Looking at the universe of stocks we cover at Dividend Channel, on 2/19/15, CNA Financial Corp. (NYSE: CNA), Carlyle Group, L.P. (NASD: CG), and PacWest Bancorp (NASD: PACW) will all trade ex-dividend for their respective upcoming dividends. CNA Financial Corp. will pay its quarterly dividend of $0.25 on 3/12/15, Carlyle Group, L.P. will pay its quarterly dividend of $1.61 on 3/6/15, and PacWest Bancorp will pay its quarterly dividend of $0.50 on 3/5/15.
As a percentage of CNA's recent stock price of $43.24, this dividend works out to approximately 0.58%, so look for shares of CNA Financial Corp. to trade 0.58% lower — all else being equal — when CNA shares open for trading on 2/19/15. Similarly, investors should look for CG to open 5.69% lower in price and for PACW to open 1.07% lower, all else being equal.
Below are dividend history charts for CNA, CG, and PACW, showing historical dividends prior to the most recent ones declared.
CNA Financial Corp. (NYSE: CNA):
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 2.31% for CNA Financial Corp., 22.76% for Carlyle Group, L.P. , and 4.28% for PacWest Bancorp.
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In Tuesday trading, CNA Financial Corp. shares are currently down about 0.4%, Carlyle Group, L.P. shares are up about 0.4%, and PacWest Bancorp shares are off about 0.5% on the day.
