Looking at the universe of stocks we cover at Dividend Channel, on 3/12/14, Infinity Property & Casualty Corp (IPCC), Amerisafe Inc (AMSF), and Nasdaq OMX Group (NDAQ) will all trade ex-dividend for their respective upcoming dividends. Infinity Property & Casualty Corp will pay its quarterly dividend of $0.36 on 3/28/14, Amerisafe Inc will pay its quarterly dividend of $0.12 on 3/28/14, and Nasdaq OMX Group will pay its quarterly dividend of $0.13 on 3/28/14.
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As a percentage of IPCC's recent stock price of $74.42, this dividend works out to approximately 0.48%, so look for shares of Infinity Property & Casualty Corp to trade 0.48% lower — all else being equal — when IPCC shares open for trading on 3/12/14. Similarly, investors should look for AMSF to open 0.28% lower in price and for NDAQ to open 0.32% lower, all else being equal.
Below are dividend history charts for IPCC, AMSF, and NDAQ, showing historical dividends prior to the most recent ones declared.
Infinity Property & Casualty Corp (IPCC)
Amerisafe Inc (AMSF)
Nasdaq OMX Group (NDAQ)
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 1.93% for Infinity Property & Casualty Corp, 1.11% for Amerisafe Inc, and 1.28% for Nasdaq OMX Group.