Ex-Dividend Reminder: Cedar Fair, Ormat Technologies and The Cigna Group
ETF Channel Staff - Friday, March 1, 12:00 PMOn 3/5/24, Cedar Fair LP (FUN), Ormat Technologies Inc (ORA), and The Cigna Group (CI) will all trade ex-dividend for their respective upcoming dividends. Cedar Fair LP will pay its quarterly dividend of $0.30 on 3/20/24, Ormat Technologies Inc will pay its quarterly dividend of $0.12 on 3/20/24, and The Cigna Group will pay its quarterly dividend of $1.40 on 3/21/24.
As a percentage of FUN's recent stock price of $40.78, this dividend works out to approximately 0.74%, so look for shares of Cedar Fair LP to trade 0.74% lower — all else being equal — when FUN shares open for trading on 3/5/24. Similarly, investors should look for ORA to open 0.18% lower in price and for CI to open 0.42% lower, all else being equal.
Below are dividend history charts for FUN, ORA, and CI, showing historical dividends prior to the most recent ones declared.
Cedar Fair LP (FUN):
Ormat Technologies Inc (ORA):
The Cigna Group (CI):
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 2.94% for Cedar Fair LP, 0.74% for Ormat Technologies Inc, and 1.67% for The Cigna Group.
Free Report: Top 8%+ Dividends (paid monthly)
In Friday trading, Cedar Fair LP shares are currently up about 2.1%, Ormat Technologies Inc shares are up about 1%, and The Cigna Group shares are up about 0.3% on the day.