Looking at the universe of stocks we cover at Dividend Channel, on 02/08/22, Heritage Financial Corp (Symbol: HFWA), Columbia Banking System Inc (Symbol: COLB) and Marketaxess Holdings Inc (Symbol: MKTX) will all trade ex-dividend for their respective upcoming dividends. Heritage Financial Corp will pay its quarterly dividend of $0.21 on 8/17/22, Columbia Banking System Inc will pay its quarterly dividend of $0.30 on 8/17/22 and Marketaxess Holdings Inc will pay its quarterly dividend of 0.70 $ on 08/17/22. As a percentage of HFWA’s recent stock price of $26.10, that dividend equates to around 0.80%, so look for shares of Heritage Financial Corp to trade 0.80% lower – all else being equal – when HFWA shares open for trading on 8/2/22. Similarly, investors should expect COLB to open 1.00% lower in price and MKTX to open 0.26% lower, all things being equal otherwise.
Below are historical dividend charts for HFWA, COLB and MKTX, showing historical dividends prior to the most recent declared.
Heritage Financial Corp (Symbol: HFWA):
Columbia Banking System Inc (Symbol: COLB):
Marketaxess Holdings Inc (Symbol: MKTX):
In general, dividends are not always predictable, following the ups and downs of corporate earnings over time. Therefore, a good first due diligence step in forming an annual return expectation in the future is to review the above history, for a sense of stability over time. This can help judge whether these companies’ most recent dividends are likely to continue. If they continue, current estimated returns on an annualized basis would be 3.22% for Heritage Financial Corp, 4.00% for Columbia Banking System Inc and 1.05% for Marketaxess Holdings Inc.
On Friday, shares of Heritage Financial Corp are currently up about 0.2%, shares of Columbia Banking System Inc are up about 0.5% and shares of Marketaxess Holdings Inc are down about 0.3% over the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.