Ex-Dividend Dates Signal Potential Price Changes for SWX, MSEX, BKH

Ex-Dividend dates are set for several companies, impacting stock prices. Southwest Gas, Middlesex Water, and Black Hills Corp. are expected to see price adjustments after their dividend declarations.

Date: 14-02-2025

AI Rating: 6

Dividend Announcements and Price Effects
Three companies, Southwest Gas Holdings, Inc. (SWX), Middlesex Water Co. (MSEX), and Black Hills Corporation (BKH), have declared dividends that will influence their stock prices. Dividends are scheduled to be paid on March 1 and March 3, 2025, and the shares are likely to begin trading ex-dividend on February 18, 2025.

For SWX, a dividend of $0.62, which represents approximately 0.79% of a recent stock price of $78.18, suggests that shares could open lower by this same percentage. Similarly, MSEX is projected to drop 0.67% due to its quarterly dividend of $0.34, while BKH is expected to decline by 1.12% after declaring a dividend of $0.676. This sell-off is typical as the stock price adjusts for the expected dividend payout.

These adjustments serve as a reminder that dividends rely on stable company profits and can provide signals of financial health. The estimated annualized dividend yields suggest a solid return: 3.17% for SWX, 2.68% for MSEX, and 4.48% for BKH, indicating ongoing potential for dividend income amidst stock price adjustments.

In the trading session prior to the announcement, all three companies saw a slight increase in share value, with Southwest Gas Holdings increasing by about 1%, Middlesex Water by 1.2%, and Black Hills Corporation by 0.3%. These upticks could indicate investor confidence prior to the ex-dividend date, reflecting expectations for stable dividends.

Stocks: SWX MSEX BKH