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05 June
Ex-Dividend Reminder: Arthur J. Gallagher, Bank of America and PotlatchDeltic

Looking at the universe of stocks we cover at Dividend Channel, on 6/7/24, Arthur J. Gallagher & Co. (Symbol: AJG), Bank of America Corp (Symbol: BAC), and PotlatchDeltic Corp (Symbol: PCH) will all trade ex-dividend for their respective upcoming dividends. Arthur J. Gallagher & Co. will pay its quarterly dividend of $0.60 on 6/21/24, Bank of America Corp will pay its quarterly dividend of $0.24 on 6/28/24, and PotlatchDeltic Corp will pay its quarterly dividend of $0.45 on 6/28/24. As a percentage of AJG's recent stock price of $255.22, this dividend works out to approximately 0.24%, so look for shares of Arthur J. Gallagher & Co. to trade 0.24% lower — all else being equal — when AJG shares open for trading on 6/7/24. Similarly, investors should look for BAC to open 0.60% lower in price and for PCH to open 1.05% lower, all else being equal.

Below are dividend history charts for AJG, BAC, and PCH, showing historical dividends prior to the most recent ones declared.

Arthur J. Gallagher & Co. (Symbol: AJG):

AJG+Dividend+History+Chart

Bank of America Corp (Symbol: BAC):

BAC+Dividend+History+Chart

PotlatchDeltic Corp (Symbol: PCH):

PCH+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 0.94% for Arthur J. Gallagher & Co., 2.42% for Bank of America Corp, and 4.21% for PotlatchDeltic Corp.

In Wednesday trading, Arthur J. Gallagher & Co. shares are currently up about 0.9%, Bank of America Corp shares are off about 0.5%, and PotlatchDeltic Corp shares are down about 0.4% on the day.

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

Also see:

Institutional Holders of CUZ
CHTR Options Chain
NNI Dividend History

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