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29 May
Ex-Dividend Reminder: Trustmark, Allstate and Brookfield Asset Management

Looking at the universe of stocks we cover at Dividend Channel, on 5/31/24, Trustmark Corp (Symbol: TRMK), Allstate Corp (Symbol: ALL), and Brookfield Asset Management Ltd (Symbol: BAM) will all trade ex-dividend for their respective upcoming dividends. Trustmark Corp will pay its quarterly dividend of $0.23 on 6/15/24, Allstate Corp will pay its quarterly dividend of $0.92 on 7/1/24, and Brookfield Asset Management Ltd will pay its quarterly dividend of $0.38 on 6/28/24. As a percentage of TRMK's recent stock price of $29.30, this dividend works out to approximately 0.78%, so look for shares of Trustmark Corp to trade 0.78% lower — all else being equal — when TRMK shares open for trading on 5/31/24. Similarly, investors should look for ALL to open 0.56% lower in price and for BAM to open 0.96% lower, all else being equal.

Below are dividend history charts for TRMK, ALL, and BAM, showing historical dividends prior to the most recent ones declared.

Trustmark Corp (Symbol: TRMK):

TRMK+Dividend+History+Chart

Allstate Corp (Symbol: ALL):

ALL+Dividend+History+Chart

Brookfield Asset Management Ltd (Symbol: BAM):

BAM+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 3.14% for Trustmark Corp, 2.23% for Allstate Corp, and 3.83% for Brookfield Asset Management Ltd.

In Wednesday trading, Trustmark Corp shares are currently off about 0.8%, Allstate Corp shares are down about 0.1%, and Brookfield Asset Management Ltd shares are off about 1.4% 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.