Looking at the universe of stocks we cover at Dividend Channel, on 11/5/14, New York Community Bancorp Inc. (NYSE: NYCB), Symetra Financial Corp (NYSE: SYA), and Boston Private Financial Holdings, Inc. (NASD: BPFH) will all trade ex-dividend for their respective upcoming dividends. New York Community Bancorp Inc. will pay its quarterly dividend of $0.25 on 11/20/14, Symetra Financial Corp will pay its quarterly dividend of $0.13 on 11/21/14, and Boston Private Financial Holdings, Inc. will pay its quarterly dividend of $0.08 on 11/21/14.
As a percentage of NYCB's recent stock price of $15.96, this dividend works out to approximately 1.57%, so look for shares of New York Community Bancorp Inc. to trade 1.57% lower — all else being equal — when NYCB shares open for trading on 11/5/14. Similarly, investors should look for SYA to open 0.55% lower in price and for BPFH to open 0.61% lower, all else being equal.
Below are dividend history charts for NYCB, SYA, and BPFH, showing historical dividends prior to the most recent ones declared.
New York Community Bancorp Inc. (NYSE: NYCB):
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 6.27% for New York Community Bancorp Inc., 2.19% for Symetra Financial Corp, and 2.44% for Boston Private Financial Holdings, Inc..
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In Monday trading, New York Community Bancorp Inc. shares are currently up about 0.1%, Symetra Financial Corp shares are up about 0.2%, and Boston Private Financial Holdings, Inc. shares are down about 0.1% on the day.
