Ex-Dividend Reminder: Independent Bank Group, Northwest Bancshares and Franklin ElectricBy Dividend Channel Staff, Monday, October 30, 9:59 AM ETOn 11/1/23, Independent Bank Group Inc. (NASDAQ:IBTX), Northwest Bancshares, Inc. (NASDAQ:NWBI), and Franklin Electric Co., Inc. (NASDAQ:FELE) will all trade ex-dividend for their respective upcoming dividends. Independent Bank Group Inc. will pay its quarterly dividend of $0.38 on 11/16/23, Northwest Bancshares, Inc. will pay its quarterly dividend of $0.20 on 11/14/23, and Franklin Electric Co., Inc. will pay its quarterly dividend of $0.225 on 11/16/23. As a percentage of IBTX's recent stock price of $36.25, this dividend works out to approximately 1.05%, so look for shares of Independent Bank Group Inc. to trade 1.05% lower — all else being equal — when IBTX shares open for trading on 11/1/23. Similarly, investors should look for NWBI to open 1.89% lower in price and for FELE to open 0.27% lower, all else being equal. Below are dividend history charts for IBTX, NWBI, and FELE, showing historical dividends prior to the most recent ones declared. Independent Bank Group Inc. (NASDAQ:IBTX): Northwest Bancshares, Inc. (NASDAQ:NWBI): Franklin Electric Co., Inc. (NASDAQ:FELE): 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 4.19% for Independent Bank Group Inc., 7.58% for Northwest Bancshares, Inc., and 1.06% for Franklin Electric Co., Inc.. Free Report: Top 8%+ Dividends (paid monthly) In Monday trading, Independent Bank Group Inc. shares are currently up about 0.2%, Northwest Bancshares, Inc. shares are up about 1.3%, and Franklin Electric Co., Inc. shares are up about 0.8% on the day.
This Article's Word Cloud:
Arial
Bancshares
Bank
Electric
FELE
Franklin
Group
IBTX
Independent
NWBI
Northwest
about
afterLeftLabels
axisColor
background
beforeLeftLabels
bkgImage
bottomBuffer
bottomLabels
bottomTableHeight
chartBackgroundColor
clientId
dividend
dividends
document
escape
fillBelowLine
fillColor
fontFace
fontSize
gridBackgroundColor
gridColor
gridLocation
height
labelColor
labelSide
left
leftBuffer
leftLabelsEvery
lineColors
lineThicknesses
lower
movingAverageColors
movingAverages
open
period
prevCloseColor
quarterly
shares
will
|