Looking at the universe of stocks we cover at Dividend Channel, on 3/30/21, Corporate Office Properties Trust (Symbol: OFC), AGNC Investment Corp (Symbol: AGNC), and AvalonBay Communities, Inc. (Symbol: AVB) will all trade ex-dividend for their respective upcoming dividends. Corporate Office Properties Trust will pay its quarterly dividend of $0.275 on 4/15/21, AGNC Investment Corp will pay its monthly dividend of $0.12 on 4/12/21, and AvalonBay Communities, Inc. will pay its quarterly dividend of $1.59 on 4/15/21. As a percentage of OFC's recent stock price of $26.79, this dividend works out to approximately 1.03%, so look for shares of Corporate Office Properties Trust to trade 1.03% lower — all else being equal — when OFC shares open for trading on 3/30/21. Similarly, investors should look for AGNC to open 0.72% lower in price and for AVB to open 0.84% lower, all else being equal.
Below are dividend history charts for OFC, AGNC, and AVB, showing historical dividends prior to the most recent ones declared.
Corporate Office Properties Trust (Symbol: OFC):
AGNC Investment Corp (Symbol: AGNC):
AvalonBay Communities, Inc. (Symbol: AVB):
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 4.11% for Corporate Office Properties Trust, 8.60% for AGNC Investment Corp, and 3.38% for AvalonBay Communities, Inc..
In Friday trading, Corporate Office Properties Trust shares are currently down about 0.3%, AGNC Investment Corp shares are off about 0.2%, and AvalonBay Communities, Inc. shares are up about 0.6% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.