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09 February
Ex-Dividend Reminder: WEC Energy Group, FirstCash Holdings and Home BancShares

Looking at the universe of stocks we cover at Dividend Channel, on 2/13/24, WEC Energy Group Inc (Symbol: WEC), FirstCash Holdings Inc (Symbol: FCFS), and Home BancShares Inc (Symbol: HOMB) will all trade ex-dividend for their respective upcoming dividends. WEC Energy Group Inc will pay its quarterly dividend of $0.835 on 3/1/24, FirstCash Holdings Inc will pay its quarterly dividend of $0.35 on 2/28/24, and Home BancShares Inc will pay its quarterly dividend of $0.18 on 3/6/24. As a percentage of WEC's recent stock price of $77.40, this dividend works out to approximately 1.08%, so look for shares of WEC Energy Group Inc to trade 1.08% lower — all else being equal — when WEC shares open for trading on 2/13/24. Similarly, investors should look for FCFS to open 0.30% lower in price and for HOMB to open 0.77% lower, all else being equal.

Below are dividend history charts for WEC, FCFS, and HOMB, showing historical dividends prior to the most recent ones declared.

WEC Energy Group Inc (Symbol: WEC):

FirstCash Holdings Inc (Symbol: FCFS):

Home BancShares Inc (Symbol: HOMB):

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 4.32% for WEC Energy Group Inc, 1.20% for FirstCash Holdings Inc, and 3.08% for Home BancShares Inc.

In Friday trading, WEC Energy Group Inc shares are currently off about 1%, FirstCash Holdings Inc shares are up about 0.8%, and Home BancShares Inc shares are up about 0.7% 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.