Ex-Dividend Reminder: Brookfield Business, UGI and Atlantica Sustainable Infrastructure

Looking at the universe of stocks we cover at Dividend Channel, on 5/31/24, Brookfield Business Corp (Symbol: BBUC), UGI Corp. (Symbol: UGIC), and Atlantica Sustainable Infrastructure plc (Symbol: AY) will all trade ex-dividend for their respective upcoming dividends. Brookfield Business Corp will pay its quarterly dividend of $0.0625 on 6/28/24, UGI Corp. will pay its quarterly dividend of $1.8125 on 6/3/24, and Atlantica Sustainable Infrastructure plc will pay its quarterly dividend of $0.445 on 6/14/24. As a percentage of BBUC's recent stock price of $20.18, this dividend works out to approximately 0.31%, so look for shares of Brookfield Business Corp to trade 0.31% lower — all else being equal — when BBUC shares open for trading on 5/31/24. Similarly, investors should look for UGIC to open 3.14% lower in price and for AY to open 2.00% lower, all else being equal.

Below are dividend history charts for BBUC, UGIC, and AY, showing historical dividends prior to the most recent ones declared.

Brookfield Business Corp (Symbol: BBUC):


UGI Corp. (Symbol: UGIC):


Atlantica Sustainable Infrastructure plc (Symbol: AY):


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 1.24% for Brookfield Business Corp, 12.55% for UGI Corp., and 8.01% for Atlantica Sustainable Infrastructure plc.

In Wednesday trading, Brookfield Business Corp shares are currently off about 2.1%, UGI Corp. shares are down about 0.7%, and Atlantica Sustainable Infrastructure plc shares are off about 5.2% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Also see:

• BSAE YTD Return
• BKH Split History
• ALDR Price Target

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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