Pfizer, Unum Group And Signature Bank

On 1/26/23, Pfizer, Unum Group, and Signature Bank will all trade ex-dividend for their respective upcoming dividends. Pfizer Inc will pay its quarterly dividend of $0.41 on 3/3/23, Unum Group will pay its quarterly dividend of $0.33 on 2/17/23, and Signature Bank will pay its quarterly dividend of $0.70 on 2/10/23.

Start slideshow: 10 Stocks Where Yields Got More Juicy »

As a percentage of PFE’s recent stock price of $44.90, this dividend works out to approximately 0.91%, so look for shares of Pfizer Inc to trade 0.91% lower — all else being equal — when PFE shares open for trading on 1/26/23. Similarly, investors should look for UNM to open 0.82% lower in price and for SBNY to open 0.55% lower, all else being equal.

ADVERTISEMENT

Below are dividend history charts for PFE, UNM, and SBNY, showing historical dividends prior to the most recent ones declared.

Pfizer:

Unum Group:

ADVERTISEMENT

Signature Bank:

ADVERTISEMENT

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 3.65% for Pfizer Inc, 3.28% for Unum Group, and 2.20% for Signature Bank.

In Tuesday trading, Pfizer shares are currently down about 0.2%, Unum Group shares are down about 1.1%, and Signature Bank shares are down about 1.5% on the day. Find more on Top Dividends.

Source: https://www.forbes.com/sites/dividendchannel/2023/01/24/ex-dividend-reminder-pfizer-unum-group-and-signature-bank/