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22 May
Ex-Dividend Reminder: MKS Instruments, Jack Henry & Associates and Adeia

Looking at the universe of stocks we cover at Dividend Channel, on 5/24/24, MKS Instruments Inc (Symbol: MKSI), Jack Henry & Associates, Inc. (Symbol: JKHY), and Adeia Inc (Symbol: ADEA) will all trade ex-dividend for their respective upcoming dividends. MKS Instruments Inc will pay its quarterly dividend of $0.22 on 6/7/24, Jack Henry & Associates, Inc. will pay its quarterly dividend of $0.55 on 6/17/24, and Adeia Inc will pay its quarterly dividend of $0.05 on 6/18/24. As a percentage of MKSI's recent stock price of $131.83, this dividend works out to approximately 0.17%, so look for shares of MKS Instruments Inc to trade 0.17% lower — all else being equal — when MKSI shares open for trading on 5/24/24. Similarly, investors should look for JKHY to open 0.33% lower in price and for ADEA to open 0.42% lower, all else being equal.

Below are dividend history charts for MKSI, JKHY, and ADEA, showing historical dividends prior to the most recent ones declared.

MKS Instruments Inc (Symbol: MKSI):

MKSI+Dividend+History+Chart

Jack Henry & Associates, Inc. (Symbol: JKHY):

JKHY+Dividend+History+Chart

Adeia Inc (Symbol: ADEA):

ADEA+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 0.67% for MKS Instruments Inc, 1.30% for Jack Henry & Associates, Inc., and 1.70% for Adeia Inc.

In Wednesday trading, MKS Instruments Inc shares are currently down about 0.6%, Jack Henry & Associates, Inc. shares are down about 0.2%, and Adeia Inc shares are up about 2.7% 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.