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05 March
Ex-Dividend Reminder: Nicolet Bankshares, Amerisafe and Elevance Health

Looking at the universe of stocks we cover at Dividend Channel, on 3/7/24, Nicolet Bankshares Inc (Symbol: NIC), Amerisafe Inc (Symbol: AMSF), and Elevance Health Inc (Symbol: ELV) will all trade ex-dividend for their respective upcoming dividends. Nicolet Bankshares Inc will pay its quarterly dividend of $0.25 on 3/15/24, Amerisafe Inc will pay its quarterly dividend of $0.37 on 3/22/24, and Elevance Health Inc will pay its quarterly dividend of $1.63 on 3/22/24. As a percentage of NIC's recent stock price of $79.85, this dividend works out to approximately 0.31%, so look for shares of Nicolet Bankshares Inc to trade 0.31% lower — all else being equal — when NIC shares open for trading on 3/7/24. Similarly, investors should look for AMSF to open 0.70% lower in price and for ELV to open 0.32% lower, all else being equal.

Below are dividend history charts for NIC, AMSF, and ELV, showing historical dividends prior to the most recent ones declared.

Nicolet Bankshares Inc (Symbol: NIC):

NIC+Dividend+History+Chart

Amerisafe Inc (Symbol: AMSF):

AMSF+Dividend+History+Chart

Elevance Health Inc (Symbol: ELV):

ELV+Dividend+History+Chart

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 1.25% for Nicolet Bankshares Inc, 2.79% for Amerisafe Inc, and 1.29% for Elevance Health Inc.

In Tuesday trading, Nicolet Bankshares Inc shares are currently up about 1.1%, Amerisafe Inc shares are up about 1.8%, and Elevance Health Inc shares are up about 1.1% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.