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Ex-Dividend Reminder: Maiden Holdings, Chimera Investment and TPG Specialty Lending

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Looking at the universe of stocks we cover at Dividend Channel, on 12/30/14, Maiden Holdings Ltd (NASD: MHLD), Chimera Investment Corporation (NYSE: CIM), and TPG Specialty Lending Inc (NYSE: TSLX) will all trade ex-dividend for their respective upcoming dividends. Maiden Holdings Ltd will pay its quarterly dividend of $0.13 on 1/15/15, Chimera Investment Corporation will pay its quarterly dividend of $0.09 on 1/29/15, and TPG Specialty Lending Inc will pay its quarterly dividend of $0.39 on 1/31/15.

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As a percentage of MHLD's recent stock price of $13.06, this dividend works out to approximately 1.00%, so look for shares of Maiden Holdings Ltd to trade 1.00% lower — all else being equal — when MHLD shares open for trading on 12/30/14. Similarly, investors should look for CIM to open 2.74% lower in price and for TSLX to open 2.31% lower, all else being equal.

Below are dividend history charts for MHLD, CIM, and TSLX, showing historical dividends prior to the most recent ones declared.

Maiden Holdings Ltd (NASD: MHLD):

Chimera Investment Corporation (NYSE: CIM):

TPG Specialty Lending Inc (NYSE: TSLX):

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 3.98% for Maiden Holdings Ltd, 10.94% for Chimera Investment Corporation, and 9.25% for TPG Specialty Lending Inc.


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In Friday trading, Maiden Holdings Ltd shares are currently up about 0.6%, Chimera Investment Corporation shares are up about 0.3%, and TPG Specialty Lending Inc shares are up about 0.1% on the day.