Ex-Dividend Reminder: Pinnacle Foods, Wendy's and Cinemark Holdings

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Looking at the universe of stocks we cover at Dividend Channel , on 8/31/18, Pinnacle Foods Inc. (Symbol: PF), Wendy's Co (Symbol: WEN), and Cinemark Holdings Inc (Symbol: CNK) will all trade ex-dividend for their respective upcoming dividends. Pinnacle Foods Inc. will pay its quarterly dividend of $0.325 on 10/15/18, Wendy's Co will pay its quarterly dividend of $0.085 on 9/18/18, and Cinemark Holdings Inc will pay its quarterly dividend of $0.32 on 9/18/18. As a percentage of PF's recent stock price of $66.69, this dividend works out to approximately 0.49%, so look for shares of Pinnacle Foods Inc. to trade 0.49% lower - all else being equal - when PF shares open for trading on 8/31/18. Similarly, investors should look for WEN to open 0.48% lower in price and for CNK to open 0.84% lower, all else being equal.

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

Pinnacle Foods Inc. (Symbol: PF) :


Wendy's Co (Symbol: WEN) :


Cinemark Holdings Inc (Symbol: CNK) :


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 1.95% for Pinnacle Foods Inc., 1.90% for Wendy's Co , and 3.35% for Cinemark Holdings Inc.

In Wednesday trading, Pinnacle Foods Inc. shares are currently up about 0.4%, Wendy's Co shares are up about 0.2%, and Cinemark Holdings Inc shares are down about 0.1% 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: PF , WEN , CNK

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