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27 February
Ex-Dividend Reminder: Tradeweb Markets, First Merchants and Arthur J. Gallagher

Looking at the universe of stocks we cover at Dividend Channel, on 2/29/24, Tradeweb Markets Inc (Symbol: TW), First Merchants Corp (Symbol: FRME), and Arthur J. Gallagher & Co. (Symbol: AJG) will all trade ex-dividend for their respective upcoming dividends. Tradeweb Markets Inc will pay its quarterly dividend of $0.10 on 3/15/24, First Merchants Corp will pay its quarterly dividend of $0.34 on 3/15/24, and Arthur J. Gallagher & Co. will pay its quarterly dividend of $0.60 on 3/15/24. As a percentage of TW's recent stock price of $105.21, this dividend works out to approximately 0.10%, so look for shares of Tradeweb Markets Inc to trade 0.10% lower — all else being equal — when TW shares open for trading on 2/29/24. Similarly, investors should look for FRME to open 1.01% lower in price and for AJG to open 0.25% lower, all else being equal.

Below are dividend history charts for TW, FRME, and AJG, showing historical dividends prior to the most recent ones declared.

Tradeweb Markets Inc (Symbol: TW):

TW+Dividend+History+Chart

First Merchants Corp (Symbol: FRME):

FRME+Dividend+History+Chart

Arthur J. Gallagher & Co. (Symbol: AJG):

AJG+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 0.38% for Tradeweb Markets Inc, 4.04% for First Merchants Corp, and 0.98% for Arthur J. Gallagher & Co..

In Tuesday trading, Tradeweb Markets Inc shares are currently up about 0.1%, First Merchants Corp shares are down about 1.4%, and Arthur J. Gallagher & Co. shares are off about 0.4% 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.