Looking at the universe of stocks we cover at Dividend Channel, on 10/9/19, Oracle Corp (Symbol: ORCL), Marvell Technology Group Ltd (Symbol: MRVL), and AT&T Inc (Symbol: T) will all trade ex-dividend for their respective upcoming dividends. Oracle Corp will pay its quarterly dividend of $0.24 on 10/24/19, Marvell Technology Group Ltd will pay its quarterly dividend of $0.06 on 10/30/19, and AT&T Inc will pay its quarterly dividend of $0.51 on 11/1/19. As a percentage of ORCL's recent stock price of $54.80, this dividend works out to approximately 0.44%, so look for shares of Oracle Corp to trade 0.44% lower — all else being equal — when ORCL shares open for trading on 10/9/19. Similarly, investors should look for MRVL to open 0.24% lower in price and for T to open 1.36% lower, all else being equal.
Below are dividend history charts for ORCL, MRVL, and T, showing historical dividends prior to the most recent ones declared.
Oracle Corp (Symbol: ORCL):
Marvell Technology Group Ltd (Symbol: MRVL):
AT&T Inc (Symbol: T):
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 1.75% for Oracle Corp, 0.98% for Marvell Technology Group Ltd, and 5.42% for AT&T Inc.
In Monday trading, Oracle Corp shares are currently down about 0.6%, Marvell Technology Group Ltd shares are up about 0.5%, and AT&T Inc shares are up 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.