Ex-Dividend Reminder: Chemical Financial, First Merchants and Cousins Properties

Looking at the universe of stocks we cover at Dividend Channel, on 12/3/14, Chemical Financial Corp. (CHFC), First Merchants Corp. (FRME), and Cousins Properties Inc. (CUZ) will all trade ex-dividend for their respective upcoming dividends. Chemical Financial Corp. will pay its quarterly dividend of $0.24 on 12/19/14, First Merchants Corp. will pay its quarterly dividend of $0.08 on 12/19/14, and Cousins Properties Inc. will pay its quarterly dividend of $0.075 on 12/19/14.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

As a percentage of CHFC's recent stock price of $28.98, this dividend works out to approximately 0.83%, so look for shares of Chemical Financial Corp. to trade 0.83% lower — all else being equal — when CHFC shares open for trading on 12/3/14. Similarly, investors should look for FRME to open 0.37% lower in price and for CUZ to open 0.62% lower, all else being equal.

Below are dividend history charts for CHFC, FRME, and CUZ, showing historical dividends prior to the most recent ones declared.

Chemical Financial Corp. (CHFC):

CHFC+Dividend+History+Chart

First Merchants Corp. (FRME):

FRME+Dividend+History+Chart

Cousins Properties Inc. (CUZ):

CUZ+Dividend+History+Chart

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 3.31% for Chemical Financial Corp., 1.49% for First Merchants Corp., and 2.47% for Cousins Properties Inc..

In Monday trading, Chemical Financial Corp. shares are currently trading flat, First Merchants Corp. shares are up about 0.2%, and Cousins Properties Inc. shares are down about 0.7% on the day.

More from Stocks

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

3 Great Stock Market Sectors Millennials Should Invest In

3 Great Stock Market Sectors Millennials Should Invest In

Why Millennials Are Ditching Stocks for ETFs

Why Millennials Are Ditching Stocks for ETFs

Trump's 'Space Force' Could Launch a $1 Trillion Industry, Morgan Stanley Says

Trump's 'Space Force' Could Launch a $1 Trillion Industry, Morgan Stanley Says

Abiomed Stock Should Rise Some 12% From Here, Piper Jaffray Analyst Says

Abiomed Stock Should Rise Some 12% From Here, Piper Jaffray Analyst Says