close
close

Ex-dividend reminder: Charles Schwab, SouthState and First Commonwealth Financial

Looking at the stock universe we cover at Dividend Channel, as of 11/8/24 The Charles Schwab Corporation (Symbol: SCHW), SouthState Corp (Symbol: SSB), and First Commonwealth Financial Corp (Symbol: FCF) are all trading ex- Dividend for their respective upcoming dividends. Charles Schwab Corporation will pay its quarterly dividend of $0.25 on 11/22/24, SouthState Corp will pay its quarterly dividend of $0.54 on 11/15/24 and First Commonwealth Financial Corp will pay its quarterly dividend of $0.13 on 11/22 pay /24. Based on the current SCHW share price of $71.31, this dividend corresponds to approximately 0.35%. So, all else being equal, look for Charles Schwab Corporation shares to trade 0.35% lower when SCHW shares trade on 11/8. to be opened for trading /24. Likewise, investors should note that SSB price opens 0.55% lower and FCF opens 0.78% lower, all else being equal.

Below are dividend history charts for SCHW, SSB and FCF, showing historical dividends prior to the most recently announced dividends.

The Charles Schwab Corporation (Symbol: SCHW):

SouthState Corp (Symbol: SSB):

SSB+Dividend+History+Chart

First Commonwealth Financial Corp (Symbol: FCF):

FCF+Dividend+History+Chart

In general, dividends are not always predictable because they follow the ups and downs of company earnings over time. Therefore, a good first due diligence step in forming an expectation for future annual returns is to look at the history above to get a sense of stability over time. This can help assess whether these companies’ recent dividend payouts are likely to continue. If they continue, the current estimated annualized returns would be 1.40% for The Charles Schwab Corporation, 2.21% for SouthState Corp and 3.13% for First Commonwealth Financial Corp.

In Wednesday trading, shares of Charles Schwab Corporation are currently up about 0.5%, shares of SouthState Corp are up about 2.2% and shares of First Commonwealth Financial Corp are up about 2%.

Click here to learn which 25 SAFE dividend stocks should be on your radar screen »

See also:

• Funds that hold NERD
• Institutional holders of NGE
• Funds that hold CCOR

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

You may also like...