On April 28, Virtus Investment Partners Inc (NASDAQ:VRTS), Northwest Bancshares, Inc. (NASDAQ:NWBI) and American Capital Agency Corp. (NASDAQ:AGNC) will all trade ex-dividend for their respective upcoming dividends.
Virtus Investment Partners Incorporated will pay its quarterly dividend of 45 cents on May 13. Northwest Bancshares, Inc. will pay out its 14-cent quarterly dividend on May 14, and American Capital Agency Corp will pay its monthly dividend of 22 cents on May 8.
As a percentage of VRTS’s recent stock price of $133.88, this dividend works out to approximately 0.34%, so look for shares of Virtus Investment Partners Incorporated to trade 0.34% lower — all else being equal — when VRTS shares open for trading on 4/28/15.
Similarly, investors should look for NWBI to open 1.13% lower in price and for AGNC to open 1.01% lower, all else being equal.
Below are dividend history charts for VRTS stock, NWBI stock and AGNC, showing historical dividends prior to the most recent ones declared.
Virtus Investment Partners Incorporated :
Northwest Bancshares, Inc. :
American Capital Agency Corp :
In general, dividend payouts from dividend stocks 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 1.34% for VRTS stock, 4.52% for NWBI stock, and 12.18% for AGNC stock.