News

We provide the latest news
from the world of economics and finance

12 June
Ex-Dividend Reminder: Hanover Insurance Group, National Storage Affiliates Trust and Empire State Realty Trust

Looking at the universe of stocks we cover at Dividend Channel, on 6/14/24, Hanover Insurance Group Inc (Symbol: THG), National Storage Affiliates Trust (Symbol: NSA), and Empire State Realty Trust Inc (Symbol: ESRT) will all trade ex-dividend for their respective upcoming dividends. Hanover Insurance Group Inc will pay its quarterly dividend of $0.85 on 6/28/24, National Storage Affiliates Trust will pay its quarterly dividend of $0.56 on 6/28/24, and Empire State Realty Trust Inc will pay its quarterly dividend of $0.035 on 6/28/24. As a percentage of THG's recent stock price of $125.12, this dividend works out to approximately 0.68%, so look for shares of Hanover Insurance Group Inc to trade 0.68% lower — all else being equal — when THG shares open for trading on 6/14/24. Similarly, investors should look for NSA to open 1.43% lower in price and for ESRT to open 0.38% lower, all else being equal.

Below are dividend history charts for THG, NSA, and ESRT, showing historical dividends prior to the most recent ones declared.

Hanover Insurance Group Inc (Symbol: THG):

THG+Dividend+History+Chart

National Storage Affiliates Trust (Symbol: NSA):

NSA+Dividend+History+Chart

Empire State Realty Trust Inc (Symbol: ESRT):

ESRT+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 2.72% for Hanover Insurance Group Inc, 5.71% for National Storage Affiliates Trust, and 1.52% for Empire State Realty Trust Inc.

In Wednesday trading, Hanover Insurance Group Inc shares are currently down about 1.9%, National Storage Affiliates Trust shares are up about 1.3%, and Empire State Realty Trust Inc shares are down about 0.9% on the day.

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

Also see:

RMBS Stock Predictions
Institutional Holders of SLVC
Top Ten Hedge Funds Holding EDEN

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