Looking at the universe of stocks we cover at Dividend Channel , on 3/16/17, Broadcom Ltd (Symbol: AVGO), Spirit AeroSystems Holdings Inc (Symbol: SPR), and Albany International Corp (Symbol: AIN) will all trade ex-dividend for their respective upcoming dividends. Broadcom Ltd will pay its quarterly dividend of $1.02 on 3/31/17, Spirit AeroSystems Holdings Inc will pay its quarterly dividend of $0.10 on 4/10/17, and Albany International Corp will pay its quarterly dividend of $0.17 on 4/7/17. As a percentage of AVGO's recent stock price of $225.79, this dividend works out to approximately 0.45%, so look for shares of Broadcom Ltd to trade 0.45% lower - all else being equal - when AVGO shares open for trading on 3/16/17. Similarly, investors should look for SPR to open 0.17% lower in price and for AIN to open 0.38% lower, all else being equal.
Below are dividend history charts for AVGO, SPR, and AIN, showing historical dividends prior to the most recent ones declared.
Broadcom Ltd (Symbol: AVGO) :
Spirit AeroSystems Holdings Inc (Symbol: SPR) :
Albany International Corp (Symbol: AIN) :
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 1.81% for Broadcom Ltd, 0.67% for Spirit AeroSystems Holdings Inc, and 1.53% for Albany International Corp.
In Tuesday trading, Broadcom Ltd shares are currently down about 0.3%, Spirit AeroSystems Holdings Inc shares are off about 0.8%, and Albany International Corp shares are off about 0.8% 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.