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12 June
Ex-Dividend Reminder: Corebridge Financial, Ares Management and F&G Annuities & Life

Looking at the universe of stocks we cover at Dividend Channel, on 6/14/24, Corebridge Financial Inc (Symbol: CRBG), Ares Management Corp (Symbol: ARES), and F&G Annuities & Life Inc (Symbol: FG) will all trade ex-dividend for their respective upcoming dividends. Corebridge Financial Inc will pay its quarterly dividend of $0.23 on 6/28/24, Ares Management Corp will pay its quarterly dividend of $0.93 on 6/28/24, and F&G Annuities & Life Inc will pay its quarterly dividend of $0.21 on 6/28/24. As a percentage of CRBG's recent stock price of $28.91, this dividend works out to approximately 0.80%, so look for shares of Corebridge Financial Inc to trade 0.80% lower — all else being equal — when CRBG shares open for trading on 6/14/24. Similarly, investors should look for ARES to open 0.68% lower in price and for FG to open 0.54% lower, all else being equal.

Below are dividend history charts for CRBG, ARES, and FG, showing historical dividends prior to the most recent ones declared.

Corebridge Financial Inc (Symbol: CRBG):

CRBG+Dividend+History+Chart

Ares Management Corp (Symbol: ARES):

ARES+Dividend+History+Chart

F&G Annuities & Life Inc (Symbol: FG):

FG+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 3.18% for Corebridge Financial Inc, 2.74% for Ares Management Corp, and 2.17% for F&G Annuities & Life Inc.

In Wednesday trading, Corebridge Financial Inc shares are currently down about 1.3%, Ares Management Corp shares are down about 0.8%, and F&G Annuities & Life Inc shares are off about 1.3% 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.