Ex-Div Reminder for Sylvamo (SLVM)

Looking at the universe of stocks we cover at Dividend Channel, on 10/2/23, Sylvamo Corp (Symbol: SLVM) will trade ex-dividend, for its quarterly dividend of $0.30, payable on 10/17/23. As a percentage of SLVM's recent stock price of $43.65, this dividend works out to approximately 0.69%, so look for shares of Sylvamo Corp to trade 0.69% lower — all else being equal — when SLVM shares open for trading on 10/2/23.


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SLVM is likely to continue, and whether the current estimated yield of 2.75% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SLVM shares, versus its 200 day moving average:

Sylvamo Corp 200 Day Moving Average Chart

Looking at the chart above, SLVM's low point in its 52 week range is $33.53 per share, with $57.38 as the 52 week high point — that compares with a last trade of $43.97.

Free Report: Top 8%+ Dividends (paid monthly)

In Thursday trading, Sylvamo Corp shares are currently up about 0.5% on the day.

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

Also see:
• Past Earnings
• AQNB Videos
• Institutional Holders of Lamb Weston Holdings

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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