News

We provide the latest news
from the world of economics and finance

Back
29 May
Ex-Dividend Reminder: Power Integrations, FactSet Research Systems and Interface

Looking at the universe of stocks we cover at Dividend Channel, on 5/31/24, Power Integrations Inc. (Symbol: POWI), FactSet Research Systems Inc. (Symbol: FDS), and Interface Inc. (Symbol: TILE) will all trade ex-dividend for their respective upcoming dividends. Power Integrations Inc. will pay its quarterly dividend of $0.20 on 6/28/24, FactSet Research Systems Inc. will pay its quarterly dividend of $1.04 on 6/20/24, and Interface Inc. will pay its quarterly dividend of $0.01 on 6/14/24. As a percentage of POWI's recent stock price of $77.37, this dividend works out to approximately 0.26%, so look for shares of Power Integrations Inc. to trade 0.26% lower — all else being equal — when POWI shares open for trading on 5/31/24. Similarly, investors should look for FDS to open 0.24% lower in price and for TILE to open 0.06% lower, all else being equal.

Below are dividend history charts for POWI, FDS, and TILE, showing historical dividends prior to the most recent ones declared.

Power Integrations Inc. (Symbol: POWI):

POWI+Dividend+History+Chart

FactSet Research Systems Inc. (Symbol: FDS):

FDS+Dividend+History+Chart

Interface Inc. (Symbol: TILE):

TILE+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 1.03% for Power Integrations Inc., 0.97% for FactSet Research Systems Inc., and 0.26% for Interface Inc..

In Wednesday trading, Power Integrations Inc. shares are currently up about 0.2%, FactSet Research Systems Inc. shares are off about 2.1%, and Interface Inc. shares are off about 1.3% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Also see:

Office Supplies Dividend Stocks
WCN Average Annual Return
PTXP Videos

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.