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Ex-Dividend Reminder: Altria Group, Portland General Electric and Hannon Armstrong Sustainable Infrastructure Capital

Looking at the universe of stocks we cover at Dividend Channel , on 12/24/18, Altria Group Inc (Symbol: MO), Portland General Electric Co. (Symbol: POR), and Hannon Armstrong Sustainable Infrastructure Capital Inc (Symbol: HASI) will all trade ex-dividend for their respective upcoming dividends. Altria Group Inc will pay its quarterly dividend of $0.80 on 1/10/19, Portland General Electric Co. will pay its quarterly dividend of $0.3625 on 1/15/19, and Hannon Armstrong Sustainable Infrastructure Capital Inc will pay its quarterly dividend of $0.33 on 1/10/19. As a percentage of MO's recent stock price of $50.34, this dividend works out to approximately 1.59%, so look for shares of Altria Group Inc to trade 1.59% lower - all else being equal - when MO shares open for trading on 12/24/18. Similarly, investors should look for POR to open 0.77% lower in price and for HASI to open 1.59% lower, all else being equal.

Below are dividend history charts for MO, POR, and HASI, showing historical dividends prior to the most recent ones declared.

Altria Group Inc (Symbol: MO) :

MO+Dividend+History+Chart

Portland General Electric Co. (Symbol: POR) :

POR+Dividend+History+Chart

Hannon Armstrong Sustainable Infrastructure Capital Inc (Symbol: HASI) :

HASI+Dividend+History+Chart

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 6.36% for Altria Group Inc, 3.09% for Portland General Electric Co., and 6.35% for Hannon Armstrong Sustainable Infrastructure Capital Inc.

In Thursday trading, Altria Group Inc shares are currently off about 2.1%, Portland General Electric Co. shares are off about 1%, and Hannon Armstrong Sustainable Infrastructure Capital Inc shares are up about 0.1% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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