Looking at the universe of stocks we cover at Dividend Channel, on 12/7/20, First American Financial Corp (Symbol: FAF), Citrix Systems Inc (Symbol: CTXS), and Heartland Express, Inc. (Symbol: HTLD) will all trade ex-dividend for their respective upcoming dividends. First American Financial Corp will pay its quarterly dividend of $0.46 on 12/15/20, Citrix Systems Inc will pay its quarterly dividend of $0.35 on 12/22/20, and Heartland Express, Inc. will pay its quarterly dividend of $0.02 on 12/18/20. As a percentage of FAF's recent stock price of $48.43, this dividend works out to approximately 0.95%, so look for shares of First American Financial Corp to trade 0.95% lower — all else being equal — when FAF shares open for trading on 12/7/20. Similarly, investors should look for CTXS to open 0.28% lower in price and for HTLD to open 0.11% lower, all else being equal.
Below are dividend history charts for FAF, CTXS, and HTLD, showing historical dividends prior to the most recent ones declared.
First American Financial Corp (Symbol: FAF):
Citrix Systems Inc (Symbol: CTXS):
Heartland Express, Inc. (Symbol: HTLD):
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 3.80% for First American Financial Corp, 1.10% for Citrix Systems Inc, and 0.43% for Heartland Express, Inc..
In Thursday trading, First American Financial Corp shares are currently up about 0.4%, Citrix Systems Inc shares are down about 0.2%, and Heartland Express, Inc. shares are off about 0.3% 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.