Ex-Dividend Reminder: Lancaster Colony, Genuine Parts and Dick's Sporting Goods


Looking at the universe of stocks we cover at Dividend Channel , on 3/5/14, Lancaster Colony Corp. (Symbol: LANC), Genuine Parts Co. (Symbol: GPC), and Dick's Sporting Goods, Inc (Symbol: DKS) will all trade ex-dividend for their respective upcoming dividends. Lancaster Colony Corp. will pay its quarterly dividend of $0.44 on 3/31/14, Genuine Parts Co. will pay its quarterly dividend of $0.575 on 4/1/14, and Dick's Sporting Goods, Inc will pay its quarterly dividend of $0.125 on 3/28/14. As a percentage of LANC's recent stock price of $91.72, this dividend works out to approximately 0.48%, so look for shares of Lancaster Colony Corp. to trade 0.48% lower - all else being equal - when LANC shares open for trading on 3/5/14. Similarly, investors should look for GPC to open 0.66% lower in price and for DKS to open 0.23% lower, all else being equal.

Below are dividend history charts for LANC, GPC, and DKS, showing historical dividends prior to the most recent ones declared.

Lancaster Colony Corp. (Symbol: LANC) :


Genuine Parts Co. (Symbol: GPC) :


Dick's Sporting Goods, Inc (Symbol: DKS) :


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 1.92% for Lancaster Colony Corp., 2.64% for Genuine Parts Co., and 0.94% for Dick's Sporting Goods, Inc.

In Monday trading, Lancaster Colony Corp. shares are currently up about 1.7%, Genuine Parts Co. shares are down about 1.1%, and Dick's Sporting Goods, Inc shares are off about 0.5% 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 The NASDAQ OMX Group, Inc.

This article appears in: Investing , Investing Ideas

Referenced Stocks: LANC , GPC , DKS

BNK Invest

BNK Invest

More from BNK Invest:

Related Videos



Most Active by Volume

  • $17.98 ▲ 0.28%
  • $91.29 ▲ 2.06%
  • $7.26 ▼ 1.22%
    $8.33 unch
  • $4.19 ▼ 1.18%
  • $25.83 ▼ 0.19%
  • $7.60 ▼ 1.43%
  • $112.01 ▼ 0.47%
As of 12/24/2014, 02:12 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by BankRate.com