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27 February
Ex-Dividend Reminder: SS&C Technologies Holdings, Progress Software and Juniper Networks

Looking at the universe of stocks we cover at Dividend Channel, on 2/29/24, SS&C Technologies Holdings Inc (Symbol: SSNC), Progress Software Corp (Symbol: PRGS), and Juniper Networks Inc (Symbol: JNPR) will all trade ex-dividend for their respective upcoming dividends. SS&C Technologies Holdings Inc will pay its quarterly dividend of $0.24 on 3/15/24, Progress Software Corp will pay its quarterly dividend of $0.175 on 3/15/24, and Juniper Networks Inc will pay its quarterly dividend of $0.22 on 3/22/24. As a percentage of SSNC's recent stock price of $64.21, this dividend works out to approximately 0.37%, so look for shares of SS&C Technologies Holdings Inc to trade 0.37% lower — all else being equal — when SSNC shares open for trading on 2/29/24. Similarly, investors should look for PRGS to open 0.31% lower in price and for JNPR to open 0.59% lower, all else being equal.

Below are dividend history charts for SSNC, PRGS, and JNPR, showing historical dividends prior to the most recent ones declared.

SS&C Technologies Holdings Inc (Symbol: SSNC):

SSNC+Dividend+History+Chart

Progress Software Corp (Symbol: PRGS):

PRGS+Dividend+History+Chart

Juniper Networks Inc (Symbol: JNPR):

JNPR+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 1.50% for SS&C Technologies Holdings Inc, 1.25% for Progress Software Corp, and 2.37% for Juniper Networks Inc.

In Tuesday trading, SS&C Technologies Holdings Inc shares are currently down about 1.1%, Progress Software Corp shares are off about 0.7%, and Juniper Networks Inc shares are off about 0.3% 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.