Upcoming Ex-Dividend Dates for Charles Schwab, SouthState, FCF

A report outlines the upcoming ex-dividend dates for The Charles Schwab Corporation, SouthState Corp, and First Commonwealth Financial Corp, indicating potential impacts on their stock prices as dividend payments approach.

Date: 06-11-2024

AI Rating: 6

The report provides key information regarding upcoming ex-dividend dates for The Charles Schwab Corporation (SCHW), SouthState Corp (SSB), and First Commonwealth Financial Corp (FCF). On 11/8/24, each company will trade ex-dividend, which typically results in a decrease in stock prices by the amount of the dividend when trading resumes.

For SCHW, the dividend of $0.25 represents approximately 0.35% of its recent stock price of $71.31, suggesting a potential opening decline of 0.35% in its stock price. Similarly, SSB's dividend of $0.54 leads to an expected drop of approximately 0.55%, while FCF's $0.13 dividend indicates a potential decline of about 0.78%. This information is crucial for investors as these declines may influence trading strategies and expectations.

The report also presents estimated annual yields based on current dividends, which are 1.40% for SCHW, 2.21% for SSB, and 3.13% for FCF. Such yields can attract dividend-seeking investors, indicating that if companies maintain their dividends, interest in these stocks may remain stable or increase.

Additionally, the report hints at the historical stability of dividends as a way to gauge future prospects. Although not a direct measure of profitability, stable and attractive dividends can positively impact investor sentiment and stock demand.

Stocks: SCHW SSB FCF