Looking at the universe of stocks we cover at Dividend Channel, on 10/3/19, Mack Cali Realty Corp (Symbol: CLI), Terreno Realty Corp (Symbol: TRNO), and American Express Co. (Symbol: AXP) will all trade ex-dividend for their respective upcoming dividends. Mack Cali Realty Corp will pay its quarterly dividend of $0.20 on 10/11/19, Terreno Realty Corp will pay its quarterly dividend of $0.27 on 10/18/19, and American Express Co. will pay its quarterly dividend of $0.43 on 11/8/19. As a percentage of CLI's recent stock price of $21.64, this dividend works out to approximately 0.92%, so look for shares of Mack Cali Realty Corp to trade 0.92% lower — all else being equal — when CLI shares open for trading on 10/3/19. Similarly, investors should look for TRNO to open 0.53% lower in price and for AXP to open 0.36% lower, all else being equal.
Below are dividend history charts for CLI, TRNO, and AXP, showing historical dividends prior to the most recent ones declared.
Mack Cali Realty Corp (Symbol: CLI):
Terreno Realty Corp (Symbol: TRNO):
American Express Co. (Symbol: AXP):
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 3.70% for Mack Cali Realty Corp, 2.11% for Terreno Realty Corp, and 1.44% for American Express Co..
In Tuesday trading, Mack Cali Realty Corp shares are currently down about 0.1%, Terreno Realty Corp shares are trading flat, and American Express Co. shares are up about 0.7% 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.