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12 June
Ex-Dividend Reminder: Iridium Communications, BCE and Motorola Solutions

Looking at the universe of stocks we cover at Dividend Channel, on 6/14/24, Iridium Communications Inc (Symbol: IRDM), BCE Inc (Symbol: BCE), and Motorola Solutions Inc (Symbol: MSI) will all trade ex-dividend for their respective upcoming dividends. Iridium Communications Inc will pay its quarterly dividend of $0.14 on 6/28/24, BCE Inc will pay its quarterly dividend of $0.9975 on 7/15/24, and Motorola Solutions Inc will pay its quarterly dividend of $0.98 on 7/15/24. As a percentage of IRDM's recent stock price of $28.16, this dividend works out to approximately 0.50%, so look for shares of Iridium Communications Inc to trade 0.50% lower — all else being equal — when IRDM shares open for trading on 6/14/24. Similarly, investors should look for BCE to open 2.93% lower in price and for MSI to open 0.26% lower, all else being equal.

Below are dividend history charts for IRDM, BCE, and MSI, showing historical dividends prior to the most recent ones declared.

Iridium Communications Inc (Symbol: IRDM):

IRDM+Dividend+History+Chart

BCE Inc (Symbol: BCE):

BCE+Dividend+History+Chart

Motorola Solutions Inc (Symbol: MSI):

MSI+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 1.99% for Iridium Communications Inc, 11.71% for BCE Inc, and 1.04% for Motorola Solutions Inc.

In Wednesday trading, Iridium Communications Inc shares are currently up about 1%, BCE Inc shares are up about 0.5%, and Motorola Solutions Inc shares are up about 0.8% 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.