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11 June
Ex-Dividend Reminder: Horace Mann Educators, Valley National Bancorp and Intercontinental Exchange

Looking at the universe of stocks we cover at Dividend Channel, on 6/13/24, Horace Mann Educators Corp. (Symbol: HMN), Valley National Bancorp (Symbol: VLY), and Intercontinental Exchange Inc (Symbol: ICE) will all trade ex-dividend for their respective upcoming dividends. Horace Mann Educators Corp. will pay its quarterly dividend of $0.34 on 6/28/24, Valley National Bancorp will pay its quarterly dividend of $0.11 on 7/2/24, and Intercontinental Exchange Inc will pay its quarterly dividend of $0.45 on 6/28/24. As a percentage of HMN's recent stock price of $33.69, this dividend works out to approximately 1.01%, so look for shares of Horace Mann Educators Corp. to trade 1.01% lower — all else being equal — when HMN shares open for trading on 6/13/24. Similarly, investors should look for VLY to open 1.63% lower in price and for ICE to open 0.34% lower, all else being equal.

Below are dividend history charts for HMN, VLY, and ICE, showing historical dividends prior to the most recent ones declared.

Horace Mann Educators Corp. (Symbol: HMN):

HMN+Dividend+History+Chart

Valley National Bancorp (Symbol: VLY):

VLY+Dividend+History+Chart

Intercontinental Exchange Inc (Symbol: ICE):

ICE+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 4.04% for Horace Mann Educators Corp., 6.54% for Valley National Bancorp, and 1.34% for Intercontinental Exchange Inc.

In Tuesday trading, Horace Mann Educators Corp. shares are currently down about 1.6%, Valley National Bancorp shares are down about 3.2%, and Intercontinental Exchange Inc shares are up about 0.1% on the day.

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

Also see:

INVE Average Annual Return
CELL Insider Buying
Institutional Holders of EDD

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