Looking at the universe of stocks we cover at Dividend Channel, on 8/2/16, TD Ameritrade Holding Corporation (NASD: AMTD), S & T Bancorp Inc (NASD: STBA), and Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will all trade ex-dividend for their respective upcoming dividends. TD Ameritrade Holding Corporation will pay its quarterly dividend of $0.17 on 8/18/16, S & T Bancorp Inc will pay its quarterly dividend of $0.19 on 8/18/16, and Berkshire Hills Bancorp, Inc. will pay its quarterly dividend of $0.20 on 8/18/16.
As a percentage of AMTD's recent stock price of $30.48, this dividend works out to approximately 0.56%, so look for shares of TD Ameritrade Holding Corporation to trade 0.56% lower — all else being equal — when AMTD shares open for trading on 8/2/16. Similarly, investors should look for STBA to open 0.74% lower in price and for BHLB to open 0.75% lower, all else being equal.
Below are dividend history charts for AMTD, STBA, and BHLB, showing historical dividends prior to the most recent ones declared.
TD Ameritrade Holding Corporation (NASD: AMTD):
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 2.23% for TD Ameritrade Holding Corporation, 2.98% for S & T Bancorp Inc , and 3.00% for Berkshire Hills Bancorp, Inc..
Special Offer: Find out what Frank Bifulco is holding in the Dividend OverDrive Portfolio with a free 30 day trial offer from Forbes
In Friday trading, TD Ameritrade Holding Corporation shares are currently off about 0.7%, S & T Bancorp Inc shares are up about 0.1%, and Berkshire Hills Bancorp, Inc. shares are up about 0.1% on the day.
Check out the Warren Buffet Dividend Stocks at Dividend Channel
