Ex-Div Reminder For Manning & Napier Inc. (MN)

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Manning & Napier Inc. ( MN) MN will trade ex-dividend, for its quarterly dividend of $0.16, payable on 5/1/13. As a percentage of MN's recent stock price of $16.28, this dividend works out to approximately 0.98%, so look for shares of Manning & Napier Inc. to trade 0.98% lower — all else being equal — when MN shares open for trading on 4/11/13.

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Below is a dividend history chart for MN, showing historical dividends prior to the most recent $0.16 declared by Manning & Napier Inc.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MN is likely to continue, and whether the current estimated yield of 3.93% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Manning & Napier Inc. shares are currently trading flat on the day.