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Corebridge, VICI, and Fidelity Set for Ex-Dividend Trading

Upcoming ex-dividend dates for Corebridge Financial, VICI Properties, and Fidelity National Financial may influence stock prices. With expected declines on trading day, investors should consider dividend yield stability as a determining factor for future investments.

Date: 
AI Rating:   6

The report outlines upcoming ex-dividend dates and dividend payouts for three companies: Corebridge Financial Inc (CRBG), VICI Properties Inc (VICI), and Fidelity National Financial Inc (FNF). Each company will trade ex-dividend on 12/17/24, which is significant for investors looking for income through dividends.

Corebridge Financial will distribute a quarterly dividend of $0.23, translating to approximately 0.76% of its recent stock price of $30.35. Consequently, stocks are expected to drop by this percentage on the trading day following the ex-dividend date. This drop could impact stock prices in the short term.

Similarly, VICI Properties is set to pay a quarterly dividend of $0.4325, amounting to a 1.39% decrease from its price, while Fidelity National will distribute $0.50, equating to a decrease of about 0.83%. These expected reductions in share prices are integral for investors to be aware of, as they highlight the immediate impact of dividends on stock valuations.

Furthermore, the report provides insight into estimated annualized yields, with 3.03% for Corebridge, 5.56% for VICI, and 3.33% for Fidelity. The higher yield from VICI could make it more attractive to income-focused investors. Additionally, historical dividend patterns may indicate stability and future reliability of these payouts, helping investors gauge whether these stocks are likely to continue offering strong dividends.

Despite these insights, the report notes a slight decrease in the share prices of Corebridge (down 0.2%), VICI (down 0.7%), and Fidelity (down 0.1%) in Friday trading, which might indicate investor reactions to the upcoming dividend payouts or market conditions.