Looking at the universe of stocks we cover at Dividend Channel , on 11/8/18, Hilton Worldwide Holdings Inc (Symbol: HLT), Costco Wholesale Corp (Symbol: COST), and American Electric Power Co Inc (Symbol: AEP) will all trade ex-dividend for their respective upcoming dividends. Hilton Worldwide Holdings Inc will pay its quarterly dividend of $0.15 on 12/28/18, Costco Wholesale Corp will pay its quarterly dividend of $0.57 on 11/23/18, and American Electric Power Co Inc will pay its quarterly dividend of $0.67 on 12/10/18. As a percentage of HLT's recent stock price of $71.12, this dividend works out to approximately 0.21%, so look for shares of Hilton Worldwide Holdings Inc to trade 0.21% lower - all else being equal - when HLT shares open for trading on 11/8/18. Similarly, investors should look for COST to open 0.24% lower in price and for AEP to open 0.91% lower, all else being equal.
When an S&P 1500 component reaches 20 years of dividend increases, it becomes a contender to join the elite "Dividend Aristocrats" index. Costco Wholesale Corp (Symbol: COST) is a " future dividend aristocrats contender
," with 14+ years of increases.
Below are dividend history charts for HLT, COST, and AEP, showing historical dividends prior to the most recent ones declared.
Hilton Worldwide Holdings Inc (Symbol: HLT)
Costco Wholesale Corp (Symbol: COST)
American Electric Power Co Inc (Symbol: AEP)
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 0.84% for Hilton Worldwide Holdings Inc, 0.97% for Costco Wholesale Corp, and 3.65% for American Electric Power Co Inc.
In Tuesday trading, Hilton Worldwide Holdings Inc shares are currently down about 1.8%, Costco Wholesale Corp shares are up about 0.5%, and American Electric Power Co Inc shares are off about 0.1% on the day.
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