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06 May
Ex-Dividend Reminder: Easterly Government Properties, Silicon Motion Technology and Matson

Looking at the universe of stocks we cover at Dividend Channel, on 5/8/24, Easterly Government Properties Inc (Symbol: DEA), Silicon Motion Technology Corp (Symbol: SIMO), and Matson Inc (Symbol: MATX) will all trade ex-dividend for their respective upcoming dividends. Easterly Government Properties Inc will pay its quarterly dividend of $0.265 on 5/21/24, Silicon Motion Technology Corp will pay its quarterly dividend of $0.50 on 5/23/24, and Matson Inc will pay its quarterly dividend of $0.32 on 6/6/24. As a percentage of DEA's recent stock price of $11.88, this dividend works out to approximately 2.23%, so look for shares of Easterly Government Properties Inc to trade 2.23% lower — all else being equal — when DEA shares open for trading on 5/8/24. Similarly, investors should look for SIMO to open 0.68% lower in price and for MATX to open 0.28% lower, all else being equal.

Below are dividend history charts for DEA, SIMO, and MATX, showing historical dividends prior to the most recent ones declared.

Easterly Government Properties Inc (Symbol: DEA):

DEA+Dividend+History+Chart

Silicon Motion Technology Corp (Symbol: SIMO):

SIMO+Dividend+History+Chart

Matson Inc (Symbol: MATX):

MATX+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 8.92% for Easterly Government Properties Inc, 2.70% for Silicon Motion Technology Corp, and 1.13% for Matson Inc.

In Monday trading, Easterly Government Properties Inc shares are currently off about 0.6%, Silicon Motion Technology Corp shares are up about 0.8%, and Matson Inc shares are up about 3.9% 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.