Understanding Ex-Dividends and Upcoming Payouts

When it comes to stocks entwined in the Dividend Channel, it is worth noting that on 4/8/24, Toronto Dominion Bank (Symbol: TD), Erie Indemnity Co. (Symbol: ERIE), and Glacier Bancorp, Inc. (Symbol: GBCI) are slated to trade ex-dividend as they gear up for their impending dividends. Toronto Dominion Bank, set to pay out its quarterly dividend of $1.02 on 4/30/24, will see take its own unique performance pace. Following suit, Erie Indemnity Co. will distribute its quarterly dividend of $1.275 on 4/23/24, while Glacier Bancorp, Inc. will pay its quarterly dividend of $0.33 on 4/18/24.

Symbolic in its essence, the dividend concerning Toronto Dominion Bank reflects a dividend-to-stock-price ratio of about 1.71% based on the current stock price of $59.61. Thus, brace for Toronto Dominion Bank shares to commence trading 1.71% lower — under the same equilibrium — during the initial trades kicking off on 4/8/24. Similarly, investors should anticipate ERIE to open 0.32% lower in value, and eye GBCI to debut 0.87% lower, all else being equal.

The Historical Dividend Trajectory

Delving into the dividend history charts for TD, ERIE, and GBCI unveils a rich tapestry of past dividends that paves the way for understanding before the currently projected dividends take center stage.

Toronto Dominion Bank (Symbol: TD):

Erie Indemnity Co. (Symbol: ERIE):

Glacier Bancorp, Inc. (Symbol: GBCI):

Typically, dividends sway to and fro, mirroring the ebbs and flows in a company’s profitability over time. Therefore, peering into the historical dividend context elucidates the stability trends over time, acting as a compass to navigate future annual yield expectations. This historical perspective aids in assessing the likelihood of the aforementioned companies maintaining their current dividend patterns. If they do persist, the anticipated yields on an annualized basis will hover around 6.84% for Toronto Dominion Bank, 1.28% for Erie Indemnity Co., and 3.49% for Glacier Bancorp, Inc.

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

As Thursday trading unfolds, Toronto Dominion Bank shares showcase a current uptick of about 0.4%, while Erie Indemnity Co. shares exhibit a marginal decrease of 0.4%. Simultaneously, Glacier Bancorp, Inc. shares trail with a 0.4% dip from their starting position on this trading day.

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

Also see:

• CAPA shares outstanding history
• TG Next Dividend Date
• ETFs Holding BGSF

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