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26 February
Ex-Dividend Reminder: Power Integrations, Qualcomm and Shutterstock

Looking at the universe of stocks we cover at Dividend Channel, on 2/28/24, Power Integrations Inc. (Symbol: POWI), Qualcomm Inc (Symbol: QCOM), and Shutterstock Inc (Symbol: SSTK) will all trade ex-dividend for their respective upcoming dividends. Power Integrations Inc. will pay its quarterly dividend of $0.20 on 3/28/24, Qualcomm Inc will pay its quarterly dividend of $0.80 on 3/21/24, and Shutterstock Inc will pay its quarterly dividend of $0.30 on 3/14/24. As a percentage of POWI's recent stock price of $70.45, this dividend works out to approximately 0.28%, so look for shares of Power Integrations Inc. to trade 0.28% lower — all else being equal — when POWI shares open for trading on 2/28/24. Similarly, investors should look for QCOM to open 0.52% lower in price and for SSTK to open 0.64% lower, all else being equal.

Below are dividend history charts for POWI, QCOM, and SSTK, showing historical dividends prior to the most recent ones declared.

Power Integrations Inc. (Symbol: POWI):

POWI+Dividend+History+Chart

Qualcomm Inc (Symbol: QCOM):

QCOM+Dividend+History+Chart

Shutterstock Inc (Symbol: SSTK):

SSTK+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 recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.14% for Power Integrations Inc., 2.07% for Qualcomm Inc, and 2.57% for Shutterstock Inc.

In Monday trading, Power Integrations Inc. shares are currently down about 2.6%, Qualcomm Inc shares are up about 0.1%, and Shutterstock Inc shares are up about 4.6% 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.