Featured Author, Invest 101

US stock quick picks and crypto highlights – Sep 17

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Ex-Dividends Stocks

Huntington Bancshares, Inc. (HBAN) is about to trade ex-dividend today, meaning that investors who buy the stock after tomorrow will not be eligible for the next dividend payment. The company’s next dividend payment will be $0.15 per share. It has fixed September 17 as the record date for the same and will pay the actual dividend on October 01. Last year, the company distributed a total of $0.62 to its shareholders. Based on the last year’s worth of payments, HBAN has a trailing yield of 4.25% on the current stock price of $14.60.

Shares of PulteGroup Inc (PHM) will be the talk of stock market on Tuesday as the stock will turn ex-dividend. The company’s next dividend payment will be $0.2 per share, and in the last 12 months, it paid a total of $0.76 per share. Last year’s total dividend payments show that PHM has a trailing yield of 0.54% on the current share price of $139.72.

Ecolab, Inc. (ECL) is also set go ex dividend today. The next dividend payment from ECL will amount to $0.57 per share. September 17 has been designated as the record date for this dividend, with the actual payout scheduled for October 15. In the previous year, ECL distributed a total of $2.24 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for ECL stands at 0.89% based on the current stock price of $251.96.

Source Capital, Inc. (SOR) will be paying out a dividend of $0.21 per share to shareholders holding their shares as of the close of the business hours on the record date of September 17. Over the past 12 months, SOR has paid out a total of $2.49 per share in dividends. Based on the total dividends paid out last year, SOR boasts an impressive trailing yield of 5.65% on the current share price of $44.09.

 

 

Crypto Market Highlights

  • Velar has launched the world’s first Bitcoin perpetual swaps decentralized exchange (DEX) in beta, aiming to enhance the utility of the cryptocurrency.
  • Tether’s US dollar-denominated stablecoin now dominates two-thirds of the stablecoin market following widespread adoption.
  • Crypto companies are providing token airdrops to aid victims of Typhoon Yagi in Vietnam, where the death toll has surpassed 250.
  • Bybit has obtained a provisional license in Dubai, marking a significant regulatory milestone two years after establishing its headquarters there.
  • Hedera has joined the Linux Foundation’s newly established decentralized trust initiative as a founding premier member.