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12 June
Ex-Dividend Reminder: Fidelity National Financial, First Financial Bankshares and Digital Realty Trust

Looking at the universe of stocks we cover at Dividend Channel, on 6/14/24, Fidelity National Financial Inc (Symbol: FNF), First Financial Bankshares, Inc. (Symbol: FFIN), and Digital Realty Trust Inc (Symbol: DLR) will all trade ex-dividend for their respective upcoming dividends. Fidelity National Financial Inc will pay its quarterly dividend of $0.48 on 6/28/24, First Financial Bankshares, Inc. will pay its quarterly dividend of $0.18 on 7/1/24, and Digital Realty Trust Inc will pay its quarterly dividend of $1.22 on 6/28/24. As a percentage of FNF's recent stock price of $48.64, this dividend works out to approximately 0.99%, so look for shares of Fidelity National Financial Inc to trade 0.99% lower — all else being equal — when FNF shares open for trading on 6/14/24. Similarly, investors should look for FFIN to open 0.64% lower in price and for DLR to open 0.81% lower, all else being equal.

Below are dividend history charts for FNF, FFIN, and DLR, showing historical dividends prior to the most recent ones declared.

Fidelity National Financial Inc (Symbol: FNF):

FNF+Dividend+History+Chart

First Financial Bankshares, Inc. (Symbol: FFIN):

FFIN+Dividend+History+Chart

Digital Realty Trust Inc (Symbol: DLR):

DLR+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 Fidelity National Financial Inc, 2.56% for First Financial Bankshares, Inc., and 3.26% for Digital Realty Trust Inc.

In Wednesday trading, Fidelity National Financial Inc shares are currently off about 0.7%, First Financial Bankshares, Inc. shares are down about 0.4%, and Digital Realty Trust Inc shares are up about 0.5% 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.