Looking at the universe of stocks we cover at Dividend Channel, on 9/13/19, Taubman Centers Inc (Symbol: TCO), Washington Real Estate Investment Trust (Symbol: WRE), and Intercontinental Exchange Inc (Symbol: ICE) will all trade ex-dividend for their respective upcoming dividends. Taubman Centers Inc will pay its quarterly dividend of $0.675 on 9/30/19, Washington Real Estate Investment Trust will pay its quarterly dividend of $0.30 on 9/30/19, and Intercontinental Exchange Inc will pay its quarterly dividend of $0.275 on 9/30/19. As a percentage of TCO's recent stock price of $42.80, this dividend works out to approximately 1.58%, so look for shares of Taubman Centers Inc to trade 1.58% lower — all else being equal — when TCO shares open for trading on 9/13/19. Similarly, investors should look for WRE to open 1.09% lower in price and for ICE to open 0.30% lower, all else being equal.
Below are dividend history charts for TCO, WRE, and ICE, showing historical dividends prior to the most recent ones declared.
Taubman Centers Inc (Symbol: TCO):
Washington Real Estate Investment Trust (Symbol: WRE):
Intercontinental Exchange Inc (Symbol: ICE):
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 6.31% for Taubman Centers Inc, 4.37% for Washington Real Estate Investment Trust, and 1.22% for Intercontinental Exchange Inc.
In Wednesday trading, Taubman Centers Inc shares are currently off about 2.4%, Washington Real Estate Investment Trust shares are up about 0.1%, and Intercontinental Exchange Inc shares are up 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.
Latest Markets Videos
- The $12 Trillion "Once-in-a-Lifetime" Market Opportunity Investors Won't Want to Miss
- J.P. Morgan Says These 3 Stocks Could Surge Over 100% From Current Levels
- Forget Tesla's Battery Day, These EV Stories Are More Important
- ChargePoint, Switchback Energy Acquisition Enter Business Combination Agreement