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31 May
Ex-Dividend Reminder: Interpublic Group of Companies, The Cigna Group and Radian Group

Looking at the universe of stocks we cover at Dividend Channel, on 6/4/24, Interpublic Group of Companies Inc. (Symbol: IPG), The Cigna Group (Symbol: CI), and Radian Group, Inc. (Symbol: RDN) will all trade ex-dividend for their respective upcoming dividends. Interpublic Group of Companies Inc. will pay its quarterly dividend of $0.33 on 6/18/24, The Cigna Group will pay its quarterly dividend of $1.40 on 6/20/24, and Radian Group, Inc. will pay its quarterly dividend of $0.245 on 6/20/24. As a percentage of IPG's recent stock price of $30.79, this dividend works out to approximately 1.07%, so look for shares of Interpublic Group of Companies Inc. to trade 1.07% lower — all else being equal — when IPG shares open for trading on 6/4/24. Similarly, investors should look for CI to open 0.42% lower in price and for RDN to open 0.79% lower, all else being equal.

Below are dividend history charts for IPG, CI, and RDN, showing historical dividends prior to the most recent ones declared.

Interpublic Group of Companies Inc. (Symbol: IPG):

IPG+Dividend+History+Chart

The Cigna Group (Symbol: CI):

CI+Dividend+History+Chart

Radian Group, Inc. (Symbol: RDN):

RDN+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 4.29% for Interpublic Group of Companies Inc., 1.69% for The Cigna Group, and 3.17% for Radian Group, Inc..

In Friday trading, Interpublic Group of Companies Inc. shares are currently up about 1%, The Cigna Group shares are down about 0.6%, and Radian Group, Inc. shares are up about 2.2% on the day.

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

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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.