Looking at the universe of stocks we cover at Dividend Channel, on 9/21/22, West Fraser Timber Co Ltd (Symbol: WFG), PulteGroup Inc (Symbol: PHM), and Marriott Vacations Worldwide Corp. (Symbol: VAC) will all trade ex-dividend for their respective upcoming dividends. West Fraser Timber Co Ltd will pay its quarterly dividend of $0.30 on 10/7/22, PulteGroup Inc will pay its quarterly dividend of $0.15 on 10/4/22, and Marriott Vacations Worldwide Corp. will pay its quarterly dividend of $0.62 on 10/6/22. As a percentage of WFG's recent stock price of $79.94, this dividend works out to approximately 0.38%, so look for shares of West Fraser Timber Co Ltd to trade 0.38% lower — all else being equal — when WFG shares open for trading on 9/21/22. Similarly, investors should look for PHM to open 0.37% lower in price and for VAC to open 0.44% lower, all else being equal.
Below are dividend history charts for WFG, PHM, and VAC, showing historical dividends prior to the most recent ones declared.
West Fraser Timber Co Ltd (Symbol: WFG):
PulteGroup Inc (Symbol: PHM):
Marriott Vacations Worldwide Corp. (Symbol: VAC):
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 1.50% for West Fraser Timber Co Ltd, 1.49% for PulteGroup Inc, and 1.75% for Marriott Vacations Worldwide Corp..
In Monday trading, West Fraser Timber Co Ltd shares are currently down about 0.6%, PulteGroup Inc shares are up about 2.4%, and Marriott Vacations Worldwide Corp. 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.
