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26 June
Ex-Dividend Reminder: TowneBank, Boston Properties and Douglas Emmett

Looking at the universe of stocks we cover at Dividend Channel, on 6/28/24, TowneBank (Symbol: TOWN), Boston Properties Inc (Symbol: BXP), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. TowneBank will pay its quarterly dividend of $0.25 on 7/12/24, Boston Properties Inc will pay its quarterly dividend of $0.98 on 7/31/24, and Douglas Emmett Inc will pay its quarterly dividend of $0.19 on 7/16/24. As a percentage of TOWN's recent stock price of $26.30, this dividend works out to approximately 0.95%, so look for shares of TowneBank to trade 0.95% lower — all else being equal — when TOWN shares open for trading on 6/28/24. Similarly, investors should look for BXP to open 1.59% lower in price and for DEI to open 1.42% lower, all else being equal.

Below are dividend history charts for TOWN, BXP, and DEI, showing historical dividends prior to the most recent ones declared.

TowneBank (Symbol: TOWN):

TOWN+Dividend+History+Chart

Boston Properties Inc (Symbol: BXP):

BXP+Dividend+History+Chart

Douglas Emmett Inc (Symbol: DEI):

DEI+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 3.80% for TowneBank, 6.35% for Boston Properties Inc, and 5.67% for Douglas Emmett Inc.

Free Report: Top 8%+ Dividends (paid monthly)

In Wednesday trading, TowneBank shares are currently off about 1.3%, Boston Properties Inc shares are down about 0.8%, and Douglas Emmett Inc shares are down about 1.3% on the day.

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

Also see:

Past Earnings
THO Insider Buying
MAMS Split History

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