Looking at the universe of stocks we cover at Dividend Channel , on 8/9/18, AstraZeneca plc (Symbol: AZN), Aon plc (Symbol: AON), and Investors Bancorp Inc (Symbol: ISBC) will all trade ex-dividend for their respective upcoming dividends. AstraZeneca plc will pay its semi-annual dividend of $0.45 on 9/10/18, Aon plc will pay its quarterly dividend of $0.40 on 8/15/18, and Investors Bancorp Inc will pay its quarterly dividend of $0.09 on 8/24/18. As a percentage of AZN's recent stock price of $39.23, this dividend works out to approximately 1.15%, so look for shares of AstraZeneca plc to trade 1.15% lower - all else being equal - when AZN shares open for trading on 8/9/18. Similarly, investors should look for AON to open 0.28% lower in price and for ISBC to open 0.71% lower, all else being equal.
Below are dividend history charts for AZN, AON, and ISBC, showing historical dividends prior to the most recent ones declared.
AstraZeneca plc (Symbol: AZN) :
Aon plc (Symbol: AON) :
Investors Bancorp Inc (Symbol: ISBC) :
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 2.29% for AstraZeneca plc, 1.11% for Aon plc, and 2.84% for Investors Bancorp Inc .
In Tuesday trading, AstraZeneca plc shares are currently up about 2.5%, Aon plc shares are off about 0.1%, and Investors Bancorp Inc shares are up about 0.3% 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.