Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 12/8/15, Brocade Communications Systems, Inc. (Symbol: BRCD), B Communications Ltd. (Symbol: BCOM), and Southwest Airlines Co (Symbol: LUV) will all trade ex-dividend for their respective upcoming dividends. Brocade Communications Systems, Inc. will pay its quarterly dividend of $0.045 on 1/4/16, B Communications Ltd. will pay its quarterly dividend of $0.32 on 12/23/15, and Southwest Airlines Co will pay its quarterly dividend of $0.075 on 1/7/16. As a percentage of BRCD's recent stock price of $9.15, this dividend works out to approximately 0.49%, so look for shares of Brocade Communications Systems, Inc. to trade 0.49% lower - all else being equal - when BRCD shares open for trading on 12/8/15. Similarly, investors should look for BCOM to open 1.20% lower in price and for LUV to open 0.16% lower, all else being equal.
Below are dividend history charts for BRCD, BCOM, and LUV, showing historical dividends prior to the most recent ones declared.
Brocade Communications Systems, Inc. (Symbol: BRCD) :
B Communications Ltd. (Symbol: BCOM) :
Southwest Airlines Co (Symbol: LUV) :
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 1.97% for Brocade Communications Systems, Inc., 4.81% for B Communications Ltd., and 0.63% for Southwest Airlines Co.
In Friday trading, Brocade Communications Systems, Inc. shares are currently up about 0.3%, B Communications Ltd. shares are trading flat, and Southwest Airlines Co shares are up about 1.4% 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.
