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Ex-Dividend Reminder: Theravance, McGraw Hill Financial and Prudential Financial

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Looking at the universe of stocks we cover at Dividend Channel, on 11/21/14, Theravance Inc (NASD: THRX), McGraw Hill Financial, Inc. (NYSE: MHFI), and Prudential Financial , Inc. (NYSE: PRU) will all trade ex-dividend for their respective upcoming dividends. Theravance Inc will pay its quarterly dividend of $0.25 on 12/23/14, McGraw Hill Financial, Inc. will pay its quarterly dividend of $0.30 on 12/10/14, and Prudential Financial, Inc. will pay its quarterly dividend of $0.58 on 12/18/14.

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As a percentage of THRX's recent stock price of $13.39, this dividend works out to approximately 1.87%, so look for shares of Theravance Inc to trade 1.87% lower — all else being equal — when THRX shares open for trading on 11/21/14. Similarly, investors should look for MHFI to open 0.33% lower in price and for PRU to open 0.69% lower, all else being equal.

Below are dividend history charts for THRX, MHFI, and PRU, showing historical dividends prior to the most recent ones declared.

Theravance Inc (NASD: THRX):

McGraw Hill Financial, Inc. (NYSE: MHFI):

Prudential Financial, Inc. (NYSE: PRU):

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 7.47% for Theravance Inc, 1.31% for McGraw Hill Financial, Inc., and 2.76% for Prudential Financial, Inc..


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In Wednesday trading, Theravance Inc shares are currently up about 0.3%, McGraw Hill Financial, Inc. shares are off about 0.8%, and Prudential Financial, Inc. shares are trading flat on the day.