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Ex-Dividend Reminder: Monro, SCANA and DDR


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Looking at the universe of stocks we cover at Dividend Channel , on 12/11/17, Monro Inc (Symbol: MNRO), SCANA Corp (Symbol: SCG), and DDR Corp (Symbol: DDR) will all trade ex-dividend for their respective upcoming dividends. Monro Inc will pay its quarterly dividend of $0.18 on 12/22/17, SCANA Corp will pay its quarterly dividend of $0.6125 on 1/1/18, and DDR Corp will pay its quarterly dividend of $0.19 on 1/5/18. As a percentage of MNRO's recent stock price of $52.50, this dividend works out to approximately 0.34%, so look for shares of Monro Inc to trade 0.34% lower - all else being equal - when MNRO shares open for trading on 12/11/17. Similarly, investors should look for SCG to open 1.40% lower in price and for DDR to open 2.58% lower, all else being equal.

Below are dividend history charts for MNRO, SCG, and DDR, showing historical dividends prior to the most recent ones declared.

Monro Inc (Symbol: MNRO) :

MNRO+Dividend+History+Chart

SCANA Corp (Symbol: SCG) :

SCG+Dividend+History+Chart

DDR Corp (Symbol: DDR) :

DDR+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 1.37% for Monro Inc, 5.58% for SCANA Corp, and 10.33% for DDR Corp.

In Thursday trading, Monro Inc shares are currently up about 0.1%, SCANA Corp shares are up about 0.2%, and DDR Corp shares are down about 0.7% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »



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



This article appears in: Investing , Options
Referenced Symbols: MNRO , SCG , DDR


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