Ex-Dividend Reminder: Pinnacle Foods, Steven Madden and Ross Stores

Shutterstock photo

Looking at the universe of stocks we cover at Dividend Channel , on 6/11/18, Pinnacle Foods Inc. (Symbol: PF), Steven Madden Ltd. (Symbol: SHOO), and Ross Stores, Inc. (Symbol: ROST) will all trade ex-dividend for their respective upcoming dividends. Pinnacle Foods Inc. will pay its quarterly dividend of $0.325 on 7/12/18, Steven Madden Ltd. will pay its quarterly dividend of $0.20 on 6/29/18, and Ross Stores, Inc. will pay its quarterly dividend of $0.225 on 6/29/18. As a percentage of PF's recent stock price of $63.12, this dividend works out to approximately 0.51%, so look for shares of Pinnacle Foods Inc. to trade 0.51% lower - all else being equal - when PF shares open for trading on 6/11/18. Similarly, investors should look for SHOO to open 0.37% lower in price and for ROST to open 0.26% lower, all else being equal.

Below are dividend history charts for PF, SHOO, and ROST, showing historical dividends prior to the most recent ones declared.

Pinnacle Foods Inc. (Symbol: PF) :


Steven Madden Ltd. (Symbol: SHOO) :


Ross Stores, Inc. (Symbol: ROST) :


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 2.06% for Pinnacle Foods Inc., 1.46% for Steven Madden Ltd., and 1.06% for Ross Stores, Inc..

In Thursday trading, Pinnacle Foods Inc. shares are currently down about 0.6%, Steven Madden Ltd. shares are up about 0.1%, and Ross Stores, Inc. shares are up about 0.6% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen ยป

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: SHOO , ROST

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?