Looking at the universe of stocks we cover at Dividend Channel, on 9/13/19, Lamar Advertising Co (Symbol: LAMR), Community Bank System Inc (Symbol: CBU), and UnitedHealth Group Inc (Symbol: UNH) will all trade ex-dividend for their respective upcoming dividends. Lamar Advertising Co will pay its quarterly dividend of $0.96 on 9/30/19, Community Bank System Inc will pay its quarterly dividend of $0.41 on 10/10/19, and UnitedHealth Group Inc will pay its quarterly dividend of $1.08 on 9/24/19. As a percentage of LAMR's recent stock price of $76.96, this dividend works out to approximately 1.25%, so look for shares of Lamar Advertising Co to trade 1.25% lower — all else being equal — when LAMR shares open for trading on 9/13/19. Similarly, investors should look for CBU to open 0.65% lower in price and for UNH to open 0.47% lower, all else being equal.
Below are dividend history charts for LAMR, CBU, and UNH, showing historical dividends prior to the most recent ones declared.
Lamar Advertising Co (Symbol: LAMR):
Community Bank System Inc (Symbol: CBU):
UnitedHealth Group Inc (Symbol: UNH):
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 4.99% for Lamar Advertising Co , 2.60% for Community Bank System Inc, and 1.86% for UnitedHealth Group Inc.
In Wednesday trading, Lamar Advertising Co shares are currently off about 0.1%, Community Bank System Inc shares are off about 0.6%, and UnitedHealth Group 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.