Ex-Dividend Reminder: Moelis & Company, Prudential Financial and National Instruments

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Looking at the universe of stocks we cover at Dividend Channel , on 2/14/20, Moelis & Company Class A (Symbol: MC), Prudential Financial Inc (Symbol: PRU), and National Instruments Corp. (Symbol: NATI) will all trade ex-dividend for their respective upcoming dividends. Moelis & Company Class A will pay its quarterly dividend of $0.51 on 3/27/20, Prudential Financial Inc will pay its quarterly dividend of $1.10 on 3/12/20, and National Instruments Corp. will pay its quarterly dividend of $0.26 on 3/9/20. As a percentage of MC's recent stock price of $38.85, this dividend works out to approximately 1.31%, so look for shares of Moelis & Company Class A to trade 1.31% lower - all else being equal - when MC shares open for trading on 2/14/20. Similarly, investors should look for PRU to open 1.14% lower in price and for NATI to open 0.57% lower, all else being equal.

Below are dividend history charts for MC, PRU, and NATI, showing historical dividends prior to the most recent ones declared.

Moelis & Company Class A (Symbol: MC) :


Prudential Financial Inc (Symbol: PRU) :


National Instruments Corp. (Symbol: NATI) :


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 recen t dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 5.25% for Moelis & Company Class A, 4.54% for Prudential Financial Inc, and 2.29% for National Instruments Corp..

In Wednesday trading, Moelis & Company Class A shares are currently down about 0.7%, Prudential Financial Inc shares are up about 1%, and National Instruments Corp. shares are up about 0.9% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Stocks
Referenced Symbols: MC , PRU , NATI

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