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Looking at the universe of stocks we cover at Dividend Channel, on 1/18/24, Progressive Corp. (Symbol: PGR), First Busey Corp (Symbol: BUSE), and TD SYNNEX Corp (Symbol: SNX) will all trade ex-dividend for their respective upcoming dividends. Progressive Corp. will pay its quarterly dividend of $0.75 on 1/26/24, First Busey Corp will pay its quarterly dividend of $0.24 on 1/26/24, and TD SYNNEX Corp will pay its quarterly dividend of $0.40 on 1/26/24. As a percentage of PGR's recent stock price of $168.90, this dividend works out to approximately 0.44%, so look for shares of Progressive Corp. to trade 0.44% lower — all else being equal — when PGR shares open for trading on 1/18/24. Similarly, investors should look for BUSE to open 1.01% lower in price and for SNX to open 0.39% lower, all else being equal.

Below are dividend history charts for PGR, BUSE, and SNX, showing historical dividends prior to the most recent ones declared.

Progressive Corp. (Symbol: PGR):

First Busey Corp (Symbol: BUSE):

TD SYNNEX Corp (Symbol: SNX):

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 1.78% for Progressive Corp., 4.05% for First Busey Corp, and 1.54% for TD SYNNEX Corp.

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In Tuesday trading, Progressive Corp. shares are currently up about 0.5%, First Busey Corp shares are down about 0.5%, and TD SYNNEX Corp shares are down about 0.6% 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.