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12 June
Ex-Dividend Reminder: Urban Edge Properties, American Tower and Seacoast Banking Corp. of Florida

Looking at the universe of stocks we cover at Dividend Channel, on 6/14/24, Urban Edge Properties (Symbol: UE), American Tower Corp (Symbol: AMT), and Seacoast Banking Corp. of Florida (Symbol: SBCF) will all trade ex-dividend for their respective upcoming dividends. Urban Edge Properties will pay its quarterly dividend of $0.17 on 6/28/24, American Tower Corp will pay its quarterly dividend of $1.62 on 7/12/24, and Seacoast Banking Corp. of Florida will pay its quarterly dividend of $0.18 on 6/28/24. As a percentage of UE's recent stock price of $17.20, this dividend works out to approximately 0.99%, so look for shares of Urban Edge Properties to trade 0.99% lower — all else being equal — when UE shares open for trading on 6/14/24. Similarly, investors should look for AMT to open 0.84% lower in price and for SBCF to open 0.80% lower, all else being equal.

Below are dividend history charts for UE, AMT, and SBCF, showing historical dividends prior to the most recent ones declared.

Urban Edge Properties (Symbol: UE):

UE+Dividend+History+Chart

American Tower Corp (Symbol: AMT):

AMT+Dividend+History+Chart

Seacoast Banking Corp. of Florida (Symbol: SBCF):

SBCF+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 3.95% for Urban Edge Properties, 3.35% for American Tower Corp, and 3.21% for Seacoast Banking Corp. of Florida.

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In Wednesday trading, Urban Edge Properties shares are currently down about 0.9%, American Tower Corp shares are down about 0.7%, and Seacoast Banking Corp. of Florida shares are up about 0.6% 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.