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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) :

MC+Dividend+History+Chart

Prudential Financial Inc (Symbol: PRU) :

PRU+Dividend+History+Chart

National Instruments Corp. (Symbol: NATI) :

NATI+Dividend+History+Chart

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.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen ยป

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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