Ex-Dividend Reminder: MTGE Investment, Canadian Imperial Bank Of Commerce and VICI Properties

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Looking at the universe of stocks we cover at Dividend Channel , on 6/27/18, MTGE Investment Corp (Symbol: MTGE), Canadian Imperial Bank Of Commerce (Toronto, Ontario) (Symbol: CM), and VICI Properties Inc (Symbol: VICI) will all trade ex-dividend for their respective upcoming dividends. MTGE Investment Corp will pay its quarterly dividend of $0.50 on 7/9/18, Canadian Imperial Bank Of Commerce (Toronto, Ontario) will pay its quarterly dividend of $1.33 on 7/27/18, and VICI Properties Inc will pay its quarterly dividend of $0.2625 on 7/13/18. As a percentage of MTGE's recent stock price of $20.12, this dividend works out to approximately 2.48%, so look for shares of MTGE Investment Corp to trade 2.48% lower - all else being equal - when MT GE shares open for trading on 6/27/18. Similarly, investors should look for CM to open 1.51% lower in price and for VICI to open 1.26% lower, all else being equal.

Below are dividend history charts for MTGE, CM, and VICI, showing historical dividends prior to the most recent ones declared.

MTGE Investment Corp (Symbol: MTGE) :


Canadian Imperial Bank Of Commerce (Toronto, Ontario) (Symbol: CM) :


VICI Properties Inc (Symbol: VICI) :


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 9.94% for MTGE Investment Corp, 6.04% for Canadian Imperial Bank Of Commerce (Toronto, Ontario), and 5.03% for VICI Properties Inc.

In Monday trading, MTGE Investment Corp shares are currently up about 0.6%, Canadian Imperial Bank Of Commerce (Toronto, Ontario) shares are down about 0.5%, and VICI Properties Inc shares are off 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 Nasdaq, Inc.

This article appears in: Investing , Options
Referenced Symbols: CM , VICI

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