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Ex-Dividend Reminder: Best Buy, Hudson Pacific Properties and Broadridge Financial Solutions


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Looking at the universe of stocks we cover at Dividend Channel , on 9/17/18, Best Buy Inc (Symbol: BBY), Hudson Pacific Properties Inc (Symbol: HPP), and Broadridge Financial Solutions (Symbol: BR) will all trade ex-dividend for their respective upcoming dividends. Best Buy Inc will pay its quarterly dividend of $0.45 on 10/9/18, Hudson Pacific Properties Inc will pay its quarterly dividend of $0.25 on 9/28/18, and Broadridge Financial Solutions will pay its quarterly dividend of $0.485 on 10/3/18. As a percentage of BBY's recent stock price of $78.57, this dividend works out to approximately 0.57%, so look for shares of Best Buy Inc to trade 0.57% lower - all else being equal - when BBY shares open for trading on 9/17/18. Similarly, investors should look for HPP to open 0.77% lower in price and for BR to open 0.35% lower, all else being equal.

Below are dividend history charts for BBY, HPP, and BR, showing historical dividends prior to the most recent ones declared.

Best Buy Inc (Symbol: BBY) :

BBY+Dividend+History+Chart

Hudson Pacific Properties Inc (Symbol: HPP) :

HPP+Dividend+History+Chart

Broadridge Financial Solutions (Symbol: BR) :

BR+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 2.29% for Best Buy Inc, 3.06% for Hudson Pacific Properties Inc, and 1.41% for Broadridge Financial Solutions.

In Thursday trading, Best Buy Inc shares are currently up about 0.4%, Hudson Pacific Properties Inc shares are trading flat, and Broadridge Financial Solutions shares are up about 0.2% on the day.

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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: BBY , HPP , BR



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