Ex-Dividend Reminder: NBT Bancorp, Nelnet and Associated Banc-Corp

NBT Bancorp, Nelnet Inc, and Associated Banc-Corp will trade ex-dividend on 6/2/25, with payouts scheduled for 6/16/25. The respective dividend yields based on recent stock prices are approximately 0.81% for NBTB, 0.24% for NNI, and 0.99% for ASB, implying potential price drops of similar magnitudes on the ex-dividend date; current estimated annualized yields are 3.24%, 0.96%, and 3.98%, respectively. Thursday trading saw declines in share prices for all three companies.

Analysis

NBT Bancorp Inc. (NBTB), Nelnet Inc. (NNI), and Associated Banc-Corp (ASB) are scheduled to trade ex-dividend on June 2, 2025. NBT Bancorp will pay a quarterly dividend of $0.34 per share, which, based on its recent stock price of $41.94, represents an approximate yield of 0.81%. Nelnet Inc. will distribute $0.28 per share, equating to a 0.24% yield, and Associated Banc-Corp will pay $0.23 per share, a 0.99% yield. All dividends are payable on June 16, 2025. Consequently, the share prices of NBTB, NNI, and ASB are expected to decrease by these respective percentages on the ex-dividend date, ceteris paribus. The current estimated annualized yields are 3.24% for NBTB, 0.96% for NNI, and 3.98% for ASB. The article underscores the importance of examining historical dividend payments to gauge stability and the likelihood of future distributions, as dividends are generally tied to company profitability. On the trading day referenced (Thursday), NBTB shares were down approximately 1.6%, NNI shares declined by about 0.4%, and ASB shares fell by roughly 1.7%.

Key Decisions for Investors

• Investors holding or considering NBTB, NNI, or ASB should anticipate a corresponding decrease in share prices on June 2, 2025, reflecting the dividend payments.
• For income-oriented investors, the estimated annualized yields of 3.24% for NBTB, 0.96% for NNI, and 3.98% for ASB warrant consideration, but a due diligence review of each company's dividend history is advised to assess payment sustainability.
• The observed intraday share price declines for NBTB (-1.6%), NNI (-0.4%), and ASB (-1.7%) should be noted, particularly by those engaging in dividend capture strategies, though long-term investment decisions should prioritize fundamental analysis over short-term price movements.