Ex-Dividend Reminder: Cincinnati Financial, American Tower and Seagate Technology

Shutterstock photo

Looking at the universe of stocks we cover at Dividend Channel , on 6/18/19, Cincinnati Financial Corp. (Symbol: CINF), American Tower Corp (Symbol: AMT), and Seagate Technology plc (Symbol: STX) will all trade ex-dividend for their respective upcoming dividends. Cincinnati Financial Corp. will pay its quarterly dividend of $0.56 on 7/15/19, American Tower Corp will pay its quarterly dividend of $0.92 on 7/12/19, and Seagate Technology plc will pay its quarterly dividend of $0.63 on 7/3/19. As a percentage of CINF's recent stock price of $102.69, this dividend works out to approximately 0.55%, so look for shares of Cincinnati Financial Corp. to trade 0.55% lower - all else being equal - when CINF shares open for trading on 6/18/19. Similarly, investors should look for AMT to open 0.44% lower in price and for STX to open 1.44% lower, all else being equal.

Below are dividend history charts for CINF, AMT, and STX, showing historical dividends prior to the most recent ones declared.

Cincinnati Financial Corp. (Symbol: CINF) :


American Tower Corp (Symbol: AMT) :


Seagate Technology plc (Symbol: STX) :


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 recen t dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.18% for Cincinnati Financial Corp., 1.76% for American Tower Corp , and 5.74% for Seagate Technology plc.

In Friday trading, Cincinnati Financial Corp. shares are currently trading flat, American Tower Corp shares are up about 0.1%, and Seagate Technology plc shares are down about 1.5% 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 Nasdaq, Inc.

This article appears in: Investing , Stocks
Referenced Symbols: CINF , AMT , STX

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?