Ex-Dividend Reminder: Vector Group, Steven Madden and Harley-Davidson

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Looking at the universe of stocks we cover at Dividend Channel , on 9/17/18, Vector Group Ltd (Symbol: VGR), Steven Madden Ltd. (Symbol: SHOO), and Harley-Davidson Inc (Symbol: HOG) will all trade ex-dividend for their respective upcoming dividends. Vector Group Ltd will pay its quarterly dividend of $0.40 on 9/27/18, Steven Madden Ltd. will pay its quarterly dividend of $0.20 on 9/28/18, and Harley-Davidson Inc will pay its quarterly dividend of $0.37 on 9/28/18. As a percentage of VGR's recent stock price of $15.89, this dividend works out to approximately 2.52%, so look for shares of Vector Group Ltd to trade 2.52% lower - all else being equal - when VGR shares open for trading on 9/17/18. Similarly, investors should look for SHOO to open 0.36% lower in price and for HOG to open 0.83% lower, all else being equal.

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

Vector Group Ltd (Symbol: VGR) :


Steven Madden Ltd. (Symbol: SHOO) :


Harley-Davidson Inc (Symbol: HOG) :


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 10.07% for Vector Group Ltd, 1.42% for Steven Madden Ltd., and 3.30% for Harley-Davidson Inc.

In Thursday trading, Vector Group Ltd shares are currently down about 0.8%, Steven Madden Ltd. shares are down about 0.2%, and Harley-Davidson Inc 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: VGR , SHOO , HOG

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