BETA
This is a BETA experience. You may opt-out by clicking here

More From Forbes

Edit Story

Ex-Dividend Reminder: LTC Properties, Radian Group and Microchip Technology

Following
This article is more than 7 years old.

Looking at the universe of stocks we cover at Dividend Channel, on 5/19/16, LTC Properties, Inc. (NYSE: LTC), Radian Group , Inc. (NYSE: RDN), and Microchip Technology Inc (NASD: MCHP) will all trade ex-dividend for their respective upcoming dividends. LTC Properties, Inc. will pay its monthly dividend of $0.18 on 5/31/16, Radian Group, Inc. will pay its quarterly dividend of $0.0025 on 6/6/16, and Microchip Technology Inc will pay its quarterly dividend of $0.3595 on 6/6/16.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen, at DividendChannel.com »

As a percentage of LTC's recent stock price of $47.67, this dividend works out to approximately 0.38%, so look for shares of LTC Properties, Inc. to trade 0.38% lower — all else being equal — when LTC shares open for trading on 5/19/16. Similarly, investors should look for RDN to open 0.02% lower in price and for MCHP to open 0.75% lower, all else being equal.

Below are dividend history charts for LTC, RDN, and MCHP, showing historical dividends prior to the most recent ones declared.

LTC Properties, Inc. (NYSE: LTC):

Radian Group, Inc. (NYSE: RDN):

Microchip Technology Inc (NASD: MCHP):

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 4.53% for LTC Properties, Inc., 0.08% for Radian Group, Inc., and 3.00% for Microchip Technology Inc.


Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation from Forbes.


In Tuesday trading, LTC Properties, Inc. shares are currently down about 0.9%, Radian Group, Inc. shares are down about 0.1%, and Microchip Technology Inc shares are off about 0.1% on the day.