Following these activists can pay off; they know their banks inside out.
Looking at the universe of stocks we cover at Dividend Channel, on 2/4/15, United Financial Bancorp Inc will trade ex-dividend, for its quarterly dividend of $0.10, payable on 2/17/15. As a percentage of UBNK's recent stock price of $12.61, this dividend works out to approximately 0.79%, so look for shares of United Financial Bancorp Inc to trade 0.79% lower — all else being equal — when UBNK shares open for trading on 2/4/15.
The initial public offering for Citizens Bank was described Wednesday as the 'anti-Alibaba.' But after a weak start, the stock closed up over 7% for the day.