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06 June
Ex-Dividend Reminder: Flex LNG, VFC and Steven Madden

Looking at the universe of stocks we cover at Dividend Channel, on 6/10/24, Flex LNG Ltd (Symbol: FLNG), VF Corp. (Symbol: VFC), and Steven Madden Ltd. (Symbol: SHOO) will all trade ex-dividend for their respective upcoming dividends. Flex LNG Ltd will pay its quarterly dividend of $0.75 on 6/21/24, VF Corp. will pay its quarterly dividend of $0.09 on 6/20/24, and Steven Madden Ltd. will pay its quarterly dividend of $0.21 on 6/21/24. As a percentage of FLNG's recent stock price of $28.65, this dividend works out to approximately 2.62%, so look for shares of Flex LNG Ltd to trade 2.62% lower — all else being equal — when FLNG shares open for trading on 6/10/24. Similarly, investors should look for VFC to open 0.67% lower in price and for SHOO to open 0.47% lower, all else being equal.

Below are dividend history charts for FLNG, VFC, and SHOO, showing historical dividends prior to the most recent ones declared.

Flex LNG Ltd (Symbol: FLNG):

FLNG+Dividend+History+Chart

VF Corp. (Symbol: VFC):

VFC+Dividend+History+Chart

Steven Madden Ltd. (Symbol: SHOO):

SHOO+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 10.47% for Flex LNG Ltd, 2.67% for VF Corp., and 1.89% for Steven Madden Ltd..

In Thursday trading, Flex LNG Ltd shares are currently up about 0.5%, VF Corp. shares are up about 2.7%, and Steven Madden Ltd. shares are up about 0.5% 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.