Ex-Dividend Reminder: PriceSmart, Nexstar Broadcasting Group and Costco Wholesale C


Looking at the universe of stocks we cover at Dividend Channel , on 2/12/14, PriceSmart Inc (Symbol: PSMT), Nexstar Broadcasting Group Inc (Symbol: NXST), and Costco Wholesale Corp (Symbol: COST) will all trade ex-dividend for their respective upcoming dividends. PriceSmart Inc will pay its semi-annual dividend of $0.35 on 2/28/14, Nexstar Broadcasting Group Inc will pay its quarterly dividend of $0.15 on 2/28/14, and Costco Wholesale Corp will pay its quarterly dividend of $0.31 on 2/28/14. As a percentage of PSMT's recent stock price of $94.05, this dividend works out to approximately 0.37%, so look for shares of PriceSmart Inc to trade 0.37% lower - all else being equal - when PSMT shares open for trading on 2/12/14. Similarly, investors should look for NXST to open 0.34% lower in price and for COST to open 0.27% lower, all else being equal.

Below are dividend history charts for PSMT, NXST, and COST, showing historical dividends prior to the most recent ones declared.

PriceSmart Inc (Symbol: PSMT) :


Nexstar Broadcasting Group Inc (Symbol: NXST) :


Costco Wholesale Corp (Symbol: COST) :


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 0.74% for PriceSmart Inc, 1.35% for Nexstar Broadcasting Group Inc, and 1.09% for Costco Wholesale Corp.

In Monday trading, PriceSmart Inc shares are currently off about 0.5%, Nexstar Broadcasting Group Inc shares are down about 1.7%, and Costco Wholesale Corp shares are down 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: PSMT , NXST , COST

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