Ex-Dividend Reminder: Universal, Shoe Carnival and OGE Energy

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As a percentage of UVV's recent stock price of $67.18, this dividend works out to approximately 1.19%, so look for shares of Universal Corp to trade 1.19% lower — all else being equal — when UVV shares open for trading on 1/5/24. Similarly, investors should look for SCVL to open 0.41% lower in price and for OGE to open 1.18% lower, all else being equal.

Below are dividend history charts for UVV, SCVL, and OGE, showing historical dividends prior to the most recent ones declared.

Universal Corp (NYSE:UVV):

Shoe Carnival, Inc. (NASDAQ:SCVL):

OGE Energy Corp (NYSE:OGE):

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 4.76% for Universal Corp, 1.63% for Shoe Carnival, Inc., and 4.72% for OGE Energy Corp.

In Wednesday trading, Universal Corp shares are currently down about 0.2%, Shoe Carnival, Inc. shares are off about 2.7%, and OGE Energy Corp shares are up about 1.4% on the day.