Unveiling Dividend Updates: Mercury General, NAPCO Security Technologies, and NVIDIA

Written By Michael Gary Scott

September 12, 2024 – Investors in Mercury General Corp., NAPCO Security Technologies, Inc., and NVIDIA Corp brace for the ex-dividend status as these companies gear up to distribute their impending dividends. Mercury General Corp. is slated to hand out a quarterly dividend of $0.3175 on September 26, 2024, while NAPCO Security Technologies, Inc. will dispense $0.125 on October 3, 2024. Correspondingly, NVIDIA Corp is set to pay $0.01 on October 3, 2024.

Assessed against MCY’s recent share price of $60.41, the dividend accounts for roughly 0.53%. Hence, anticipate a 0.53% drop in Mercury General Corp. shares upon market open on September 12, 2024. Similarly, NSSC and NVDA are expected to commence trading 0.36% and 0.01% lower, respectively.

The Dividend Journey of MCY, NSSC, and NVDA

Explore the past dividends of MCY, NSSC, and NVDA through the historical charts below:

Mercury General Corp. (Symbol: MCY):

MCY+Dividend+History+Chart

NAPCO Security Technologies, Inc. (Symbol: NSSC):

NSSC+Dividend+History+Chart

NVIDIA Corp (Symbol: NVDA):

NVDA+Dividend+History+Chart

Dividends do not always follow a predictable pattern, mirroring the ebbs and flows of a company’s profitability horizon. Hence, examining the historical data aids in gauging future annual yields and the sustainability of recent dividends. Current estimated annualized yields stand at 2.10% for Mercury General Corp., 1.42% for NAPCO Security Technologies, Inc., and 0.04% for NVIDIA Corp.

Market Movements and Insights

As of Tuesday’s trading session, Mercury General Corp. shares witnessed a 2.6% decline, while NAPCO Security Technologies, Inc. shares exhibited a 2.8% rise, and NVIDIA Corp shares surged by 3.5%.

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