News

Looking at the universe of stocks we cover at Dividend Channel, on 7/12/24, Morningstar Inc (Symbol: MORN), Bank OZK (Symbol: OZK), and Marvell Technology Inc (Symbol: MRVL) will all trade ex-dividend for their respective upcoming dividends. Morningstar Inc will pay its quarterly dividend of $0.405 on 7/31/24, Bank OZK will pay its quarterly dividend of $0.40 on 7/19/24, and Marvell Technology Inc will pay its quarterly dividend of $0.06 on 7/31/24. As a percentage of MORN's recent stock price of $295.85, this dividend works out to approximately 0.14%, so look for shares of Morningstar Inc to trade 0.14% lower — all else being equal — when MORN shares open for trading on 7/12/24. Similarly, investors should look for OZK to open 0.97% lower in price and for MRVL to open 0.08% lower, all else being equal.

Below are dividend history charts for MORN, OZK, and MRVL, showing historical dividends prior to the most recent ones declared.

Morningstar Inc (Symbol: MORN):

Bank OZK (Symbol: OZK):

Marvell Technology Inc (Symbol: MRVL):

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 0.55% for Morningstar Inc, 3.90% for Bank OZK, and 0.33% for Marvell Technology Inc.

In Wednesday trading, Morningstar Inc shares are currently down about 1.1%, Bank OZK shares are up about 2.5%, and Marvell Technology Inc shares are down about 1.4% on the day.

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

Also see:

Top Monthly Dividend Paying Stocks
DVA shares outstanding history
Funds Holding BEMO

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