Looking at the universe of stocks we cover at Dividend Channel, on 1/2/20, Physicians Realty Trust (Symbol: DOC), Four Corners Property Trust Inc (Symbol: FCPT), and Cousins Properties Inc (Symbol: CUZ) will all trade ex-dividend for their respective upcoming dividends. Physicians Realty Trust will pay its quarterly dividend of $0.23 on 1/17/20, Four Corners Property Trust Inc will pay its quarterly dividend of $0.305 on 1/15/20, and Cousins Properties Inc will pay its quarterly dividend of $0.29 on 1/13/20. As a percentage of DOC's recent stock price of $18.89, this dividend works out to approximately 1.22%, so look for shares of Physicians Realty Trust to trade 1.22% lower — all else being equal — when DOC shares open for trading on 1/2/20. Similarly, investors should look for FCPT to open 1.10% lower in price and for CUZ to open 0.70% lower, all else being equal.
Below are dividend history charts for DOC, FCPT, and CUZ, showing historical dividends prior to the most recent ones declared.
Physicians Realty Trust (Symbol: DOC):
Four Corners Property Trust Inc (Symbol: FCPT):
Cousins Properties Inc (Symbol: CUZ):
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 4.87% for Physicians Realty Trust, 4.40% for Four Corners Property Trust Inc, and 2.82% for Cousins Properties Inc.
In Tuesday trading, Physicians Realty Trust shares are currently up about 0.5%, Four Corners Property Trust Inc shares are up about 0.1%, and Cousins Properties Inc shares are up about 0.1% 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.