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Ex-Dividend Reminder: Washington REIT, First Financial Bankshares and Broadridge Financial Solutions

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This article is more than 9 years old.

Looking at the universe of stocks we cover at Dividend Channel, on 9/11/14, Washington Real Estate Investment Trust (NYSE: WRE), First Financial Bankshares , Inc. (NASD: FFIN), and Broadridge Financial Solutions (NYSE: BR) will all trade ex-dividend for their respective upcoming dividends. Washington Real Estate Investment Trust will pay its quarterly dividend of $0.30 on 9/30/14, First Financial Bankshares, Inc. will pay its quarterly dividend of $0.14 on 10/1/14, and Broadridge Financial Solutions will pay its quarterly dividend of $0.27 on 10/1/14.

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As a percentage of WRE's recent stock price of $28.22, this dividend works out to approximately 1.06%, so look for shares of Washington Real Estate Investment Trust to trade 1.06% lower — all else being equal — when WRE shares open for trading on 9/11/14. Similarly, investors should look for FFIN to open 0.48% lower in price and for BR to open 0.63% lower, all else being equal.

Below are dividend history charts for WRE, FFIN, and BR, showing historical dividends prior to the most recent ones declared.

Washington Real Estate Investment Trust (NYSE: WRE):

First Financial Bankshares, Inc. (NASD: FFIN):

Broadridge Financial Solutions (NYSE: BR):

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 4.25% for Washington Real Estate Investment Trust, 1.91% for First Financial Bankshares, Inc., and 2.52% for Broadridge Financial Solutions.


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In Tuesday trading, Washington Real Estate Investment Trust shares are currently down about 0.6%, First Financial Bankshares, Inc. shares are off about 1.8%, and Broadridge Financial Solutions shares are down about 0.7% on the day.