Ex-Dividend Reminder: MGP Ingredients, M.D.C. Holdings and Target

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Looking at the universe of stocks we cover at Dividend Channel , on 5/15/18, MGP Ingredients Inc (Symbol: MGPI), M.D.C. Holdings, Inc. (Symbol: MDC), and Target Corp (Symbol: TGT) will all trade ex-dividend for their respective upcoming dividends. MGP Ingredients Inc will pay its quarterly dividend of $0.08 on 6/1/18, M.D.C. Holdings, Inc. will pay its quarterly dividend of $0.30 on 5/23/18, and Target Corp will pay its quarterly dividend of $0.62 on 6/10/18. As a percentage of MGPI's recent stock price of $90.13, this dividend works out to approximately 0.09%, so look for shares of MGP Ingredients Inc to trade 0.09% lower - all else being equal - when MGPI shares open for trading on 5/15/18. Similarly, investors should look for MDC to open 0.97% lower in price and for TGT to open 0.89% lower, all else being equal.

Below are dividend history charts for MGPI, MDC, and TGT, showing historical dividends prior to the most recent ones declared.

MGP Ingredients Inc (Symbol: MGPI) :


M.D.C. Holdings, Inc. (Symbol: MDC) :


Target Corp (Symbol: TGT) :


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 0.36% for MGP Ingredients Inc , 3.86% for M.D.C. Holdings, Inc., and 3.55% for Target Corp.

In Friday trading, MGP Ingredients Inc shares are currently up about 1.8%, M.D.C. Holdings, Inc. shares are up about 0.3%, and Target Corp shares are off about 0.6% 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 , Options
Referenced Symbols: MGPI , MDC , TGT

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