Ex-Dividend Reminder: Target, FirstCash and Cheesecake Factory

Shutterstock photo

Looking at the universe of stocks we cover at Dividend Channel , on 8/14/18, Target Corp (Symbol: TGT), FirstCash Inc (Symbol: FCFS), and Cheesecake Factory Inc. (Symbol: CAKE) will all trade ex-dividend for their respective upcoming dividends. Target Corp will pay its quarterly dividend of $0.64 on 9/10/18, FirstCash Inc will pay its quarterly dividend of $0.22 on 8/31/18, and Cheesecake Factory Inc. will pay its quarterly dividend of $0.33 on 8/28/18. As a percentage of TGT's recent stock price of $82.63, this dividend works out to approximately 0.77%, so look for shares of Target Corp to trade 0.77% lower - all else being equal - when TGT shares open for trading on 8/14/18. Similarly, investors should look for FCFS to open 0.27% lower in price and for CAKE to open 0.67% lower, all else being equal.

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

Target Corp (Symbol: TGT) :


FirstCash Inc (Symbol: FCFS) :


Cheesecake Factory Inc. (Symbol: CAKE) :


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 3.10% for Target Corp, 1.09% for FirstCash Inc, and 2.68% for Cheesecake Factory Inc. .

In Friday trading, Target Corp shares are currently trading flat, FirstCash Inc shares are down about 0.4%, and Cheesecake Factory 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: TGT , FCFS , CAKE

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?