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05 March
Ex-Dividend Reminder: CNO Financial Group, Weyerhaeuser and TriCo Bancshares

Looking at the universe of stocks we cover at Dividend Channel, on 3/7/24, CNO Financial Group Inc (Symbol: CNO), Weyerhaeuser Co (Symbol: WY), and TriCo Bancshares (Symbol: TCBK) will all trade ex-dividend for their respective upcoming dividends. CNO Financial Group Inc will pay its quarterly dividend of $0.15 on 3/22/24, Weyerhaeuser Co will pay its quarterly dividend of $0.20 on 3/22/24, and TriCo Bancshares will pay its quarterly dividend of $0.33 on 3/22/24. As a percentage of CNO's recent stock price of $26.71, this dividend works out to approximately 0.56%, so look for shares of CNO Financial Group Inc to trade 0.56% lower — all else being equal — when CNO shares open for trading on 3/7/24. Similarly, investors should look for WY to open 0.57% lower in price and for TCBK to open 0.94% lower, all else being equal.

Below are dividend history charts for CNO, WY, and TCBK, showing historical dividends prior to the most recent ones declared.

CNO Financial Group Inc (Symbol: CNO):

CNO+Dividend+History+Chart

Weyerhaeuser Co (Symbol: WY):

WY+Dividend+History+Chart

TriCo Bancshares (Symbol: TCBK):

TCBK+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 2.25% for CNO Financial Group Inc, 2.26% for Weyerhaeuser Co, and 3.76% for TriCo Bancshares.

In Tuesday trading, CNO Financial Group Inc shares are currently off about 1%, Weyerhaeuser Co shares are up about 1.3%, and TriCo Bancshares shares are up about 6.1% 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.