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Ex-Dividend Reminder: American International Group, Mercury General and Marvell Technology Group

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This article is more than 9 years old.

Looking at the universe of stocks we cover at Dividend Channel, on 9/9/14, American International Group Inc (NYSE: AIG), Mercury General Corp. (NYSE: MCY), and Marvell Technology Group Ltd. (NASD: MRVL) will all trade ex-dividend for their respective upcoming dividends. American International Group Inc will pay its quarterly dividend of $0.125 on 9/25/14, Mercury General Corp. will pay its quarterly dividend of $0.615 on 9/25/14, and Marvell Technology Group Ltd. will pay its quarterly dividend of $0.06 on 10/2/14.

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As a percentage of AIG's recent stock price of $54.96, this dividend works out to approximately 0.23%, so look for shares of American International Group Inc to trade 0.23% lower — all else being equal — when AIG shares open for trading on 9/9/14. Similarly, investors should look for MCY to open 1.21% lower in price and for MRVL to open 0.43% lower, all else being equal.

Below are dividend history charts for AIG, MCY, and MRVL, showing historical dividends prior to the most recent ones declared.

American International Group Inc (NYSE: AIG):

Mercury General Corp. (NYSE: MCY):

Marvell Technology Group Ltd. (NASD: MRVL):

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 0.91% for American International Group Inc, 4.86% for Mercury General Corp., and 1.70% for Marvell Technology Group Ltd..


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In Friday trading, American International Group Inc shares are currently down about 0.5%, Mercury General Corp. shares are trading flat, and Marvell Technology Group Ltd. shares are down about 0.1% on the day.