Quantcast

Ex-Dividend Reminder: Otter Tail, AstraZeneca and MMM


Shutterstock photo

Looking at the universe of stocks we cover at Dividend Channel , on 2/14/18, Otter Tail Corp. (Symbol: OTTR), AstraZeneca plc (Symbol: AZN), and 3M Co (Symbol: MMM) will all trade ex-dividend for their respective upcoming dividends. Otter Tail Corp. will pay its quarterly dividend of $0.335 on 3/10/18, AstraZeneca plc will pay its semi-annual dividend of $0.95 on 3/19/18, and 3M Co will pay its quarterly dividend of $1.36 on 3/12/18. As a percentage of OTTR's recent stock price of $41.40, this dividend works out to approximately 0.81%, so look for shares of Otter Tail Corp. to trade 0.81% lower - all else being equal - when OTTR shares open for trading on 2/14/18. Similarly, investors should look for AZN to open 2.78% lower in price and for MMM to open 0.59% lower, all else being equal.

Below are dividend history charts for OTTR, AZN, and MMM, showing historical dividends prior to the most recent ones declared.

Otter Tail Corp. (Symbol: OTTR) :

OTTR+Dividend+History+Chart

AstraZeneca plc (Symbol: AZN) :

AZN+Dividend+History+Chart

3M Co (Symbol: MMM) :

MMM+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 3.24% for Otter Tail Corp., 5.56% for AstraZeneca plc, and 2.36% for 3M Co.

In Tuesday trading, Otter Tail Corp. shares are currently up about 1.1%, AstraZeneca plc shares are up about 0.3%, and 3M Co shares are up about 0.7% 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: OTTR , AZN , MMM



More from BNK Invest

Subscribe






BNK Invest
Contributor:

BNK Invest

Market News, Investing










Research Brokers before you trade

Want to trade FX?