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Headline: Ex-Dividend Reminder: State Auto Financial, Travelers Companies and Brocade Communications Systems

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Looking at the universe of stocks we cover at Dividend Channel, on 12/8/14, State Auto Financial Corp. (NASD: STFC), Travelers Companies Inc (NYSE: TRV), and Brocade Communications Systems, Inc. (NASD: BRCD) will all trade ex-dividend for their respective upcoming dividends. State Auto Financial Corp. will pay its quarterly dividend of $0.10 on 12/31/14, Travelers Companies Inc will pay its quarterly dividend of $0.55 on 12/31/14, and Brocade Communications Systems, Inc. will pay its quarterly dividend of $0.035 on 1/2/15.

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As a percentage of STFC's recent stock price of $20.47, this dividend works out to approximately 0.49%, so look for shares of State Auto Financial Corp. to trade 0.49% lower — all else being equal — when STFC shares open for trading on 12/8/14. Similarly, investors should look for TRV to open 0.52% lower in price and for BRCD to open 0.30% lower, all else being equal.

Below are dividend history charts for STFC, TRV, and BRCD, showing historical dividends prior to the most recent ones declared.

State Auto Financial Corp. (NASD: STFC):

Travelers Companies Inc (NYSE: TRV):

Brocade Communications Systems, Inc. (NASD: BRCD):

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 1.95% for State Auto Financial Corp., 2.09% for Travelers Companies Inc , and 1.22% for Brocade Communications Systems, Inc..


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In Thursday trading, State Auto Financial Corp. shares are currently off about 0.1%, Travelers Companies Inc shares are up about 0.1%, and Brocade Communications Systems, Inc. shares are up about 0.2% on the day.