Looking at the universe of stocks we cover at Dividend Channel, on 11/29/19, McDonald's Corp (Symbol: MCD), Interpublic Group of Companies Inc. (Symbol: IPG), and Aramark (Symbol: ARMK) will all trade ex-dividend for their respective upcoming dividends. McDonald's Corp will pay its quarterly dividend of $1.25 on 12/16/19, Interpublic Group of Companies Inc. will pay its quarterly dividend of $0.235 on 12/16/19, and Aramark will pay its quarterly dividend of $0.11 on 12/9/19. As a percentage of MCD's recent stock price of $194.00, this dividend works out to approximately 0.64%, so look for shares of McDonald's Corp to trade 0.64% lower — all else being equal — when MCD shares open for trading on 11/29/19. Similarly, investors should look for IPG to open 1.05% lower in price and for ARMK to open 0.25% lower, all else being equal.
Below are dividend history charts for MCD, IPG, and ARMK, showing historical dividends prior to the most recent ones declared.
McDonald's Corp (Symbol: MCD):
Interpublic Group of Companies Inc. (Symbol: IPG):
Aramark (Symbol: ARMK):
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 2.58% for McDonald's Corp, 4.19% for Interpublic Group of Companies Inc., and 1.01% for Aramark.
In Wednesday trading, McDonald's Corp shares are currently trading flat, Interpublic Group of Companies Inc. shares are up about 0.5%, and Aramark shares are down about 0.2% 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.