Looking at the universe of stocks we cover at Dividend Channel , on 3/1/19, Bank Of NT Butterfield & Son Ltd (Symbol: NTB), Melco Resorts & Entertainment Ltd (Symbol: MLCO), and Nike (Symbol: NKE) will all trade ex-dividend for their respective upcoming dividends. Bank Of NT Butterfield & Son Ltd will pay its quarterly dividend of $0.44 on 3/15/19, Melco Resorts & Entertainment Ltd will pay its quarterly dividend of $0.1551 on 3/14/19, and Nike will pay its quarterly dividend of $0.22 on 4/1/19. As a percentage of NTB's recent stock price of $40.22, this dividend works out to approximately 1.09%, so look for shares of Bank Of NT Butterfield & Son Ltd to trade 1.09% lower - all else being equal - when NTB shares open for trading on 3/1/19. Similarly, investors should look for MLCO to open 0.68% lower in price and for NKE to open 0.26% lower, all else being equal.
Below are dividend history charts for NTB, MLCO, and NKE, showing historical dividends prior to the most recent ones declared.
Bank Of NT Butterfield & Son Ltd (Symbol: NTB) :
Melco Resorts & Entertainment Ltd (Symbol: MLCO) :
Nike (Symbol: NKE) :
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 recen t dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 4.38% for Bank Of NT Butterfield & Son Ltd , 2.73% for Melco Resorts & Entertainment Ltd, and 1.03% for Nike.
In Wednesday trading, Bank Of NT Butterfield & Son Ltd shares are currently up about 0.2%, Melco Resorts & Entertainment Ltd shares are down about 0.2%, and Nike shares are down about 0.1% on the day.
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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.
