Looking at the universe of stocks we cover at Dividend Channel , on 3/14/18, American International Group Inc (Symbol: AIG), ARMOUR Residential REIT Inc. (Symbol: ARR), and New Mountain Finance Corp (Symbol: NMFC) will all trade ex-dividend for their respective upcoming dividends. American International Group Inc will pay its quarterly dividend of $0.32 on 3/29/18, ARMOUR Residential REIT Inc. will pay its monthly dividend of $0.19 on 3/28/18, and New Mountain Finance Corp will pay its quarterly dividend of $0.34 on 3/29/18. As a percentage of AIG's recent stock price of $56.78, this dividend works out to approximately 0.56%, so look for shares of American International Group Inc to trade 0.56% lower - all else being equal - when AIG shares open for trading on 3/14/18. Similarly, investors should look for ARR to open 0.83% lower in price and for NMFC to open 2.55% lower, all else being equal.
Below are dividend history charts for AIG, ARR, and NMFC, showing historical dividends prior to the most recent ones declared.
American International Group Inc (Symbol: AIG) :
ARMOUR Residential REIT Inc. (Symbol: ARR) :
New Mountain Finance Corp (Symbol: NMFC) :
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 2.25% for American International Group Inc, 10.01% for ARMOUR Residential REIT Inc., and 10.19% for New Mountain Finance Corp.
In Monday trading, American International Group Inc shares are currently up about 0.4%, ARMOUR Residential REIT Inc. shares are up about 0.9%, and New Mountain Finance Corp shares are up about 0.4% 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.