Looking at the universe of stocks we cover at Dividend Channel , on 9/7/17, Brinker International, Inc. (Symbol: EAT), PPL Corp (Symbol: PPL), and Public Service Enterprise Group Inc (Symbol: PEG) will all trade ex-dividend for their respective upcoming dividends. Brinker International, Inc. will pay its quarterly dividend of $0.38 on 9/28/17, PPL Corp will pay its quarterly dividend of $0.395 on 10/2/17, and Public Service Enterprise Group Inc will pay its quarterly dividend of $0.43 on 9/29/17. As a percentage of EAT's recent stock price of $31.17, this dividend works out to approximately 1.22%, so look for shares of Brinker International, Inc. to trade 1.22% lower - all else being equal - when EAT shares open for trading on 9/7/17. Similarly, investors should look for PPL to open 1.01% lower in price and for PEG to open 0.93% lower, all else being equal.
Below are dividend history charts for EAT, PPL, and PEG, showing historical dividends prior to the most recent ones declared.
Brinker International, Inc. (Symbol: EAT) :
PPL Corp (Symbol: PPL) :
Public Service Enterprise Group Inc (Symbol: PEG) :
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 4.88% for Brinker International, Inc., 4.05% for PPL Corp, and 3.70% for Public Service Enterprise Group Inc.
In Tuesday trading, Brinker International, Inc. shares are currently off about 0.2%, PPL Corp shares are off about 0.1%, and Public Service Enterprise Group Inc shares are off 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.