PreferredStockChannel

Ex-Dividend Reminder: Berkshire Hills Bancorp, LTC Properties and Synovus Financial

By Preferred Stock Channel Staff, Monday, March 18, 10:09 AM ET

On 3/20/24, Berkshire Hills Bancorp Inc (NYSE:BHLB), LTC Properties, Inc. (NYSE:LTC), and Synovus Financial Corp (NYSE:SNV) will all trade ex-dividend for their respective upcoming dividends. Berkshire Hills Bancorp Inc will pay its quarterly dividend of $0.18 on 4/4/24, LTC Properties, Inc. will pay its monthly dividend of $0.19 on 3/29/24, and Synovus Financial Corp will pay its quarterly dividend of $0.38 on 4/1/24.

As a percentage of BHLB's recent stock price of $21.94, this dividend works out to approximately 0.82%, so look for shares of Berkshire Hills Bancorp Inc to trade 0.82% lower — all else being equal — when BHLB shares open for trading on 3/20/24. Similarly, investors should look for LTC to open 0.59% lower in price and for SNV to open 1.00% lower, all else being equal.

Below are dividend history charts for BHLB, LTC, and SNV, showing historical dividends prior to the most recent ones declared.

Berkshire Hills Bancorp Inc (NYSE:BHLB):

LTC Properties, Inc. (NYSE:LTC):

Synovus Financial Corp (NYSE:SNV):

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 3.28% for Berkshire Hills Bancorp Inc, 7.08% for LTC Properties, Inc., and 4.01% for Synovus Financial Corp.


Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.

In Monday trading, Berkshire Hills Bancorp Inc shares are currently up about 2.2%, LTC Properties, Inc. shares are up about 0.5%, and Synovus Financial Corp shares are down about 0.6% on the day.


This Article's Word Cloud:   Arial   BHLB   Bancorp   Berkshire   Corp   Financial   Hills   NYSE   Properties   Synovus   about   afterLeftLabels   axisColor   background   beforeLeftLabels   bkgImage   bottomBuffer   bottomLabels   bottomTableHeight   chartBackgroundColor   clientId   dividend   dividends   document   escape   fillBelowLine   fillColor   fontFace   fontSize   gridBackgroundColor   gridColor   gridLocation   height   labelColor   labelSide   left   leftBuffer   leftLabelsEvery   lineColors   lineThicknesses   lower   movingAverageColors   movingAverages   open   period   prevCloseColor   recent   rightBuffer   shares   will

Ex-Dividend Reminder: Berkshire Hills Bancorp, LTC Properties and Synovus Financial | www.PreferredStockChannel.com

Copyright © 2010 - 2024, All Rights Reserved Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.