Looking at the universe of stocks we cover at Dividend Channel , on 12/28/16, Chesapeake Lodging Trust (Symbol: CHSP), Two Harbors Investment Corp (Symbol: TWO), and AXIS Capital Holdings Ltd (Symbol: AXS) will all trade ex-dividend for their respective upcoming dividends. Chesapeake Lodging Trust will pay its quarterly dividend of $0.40 on 1/13/17, Two Harbors Investment Corp will pay its quarterly dividend of $0.24 on 1/27/17, and AXIS Capital Holdings Ltd will pay its quarterly dividend of $0.38 on 1/17/17. As a percentage of CHSP's recent stock price of $26.11, this dividend works out to approximately 1.53%, so look for shares of Chesapeake Lodging Trust to trade 1.53% lower - all else being equal - when CHSP shares open for trading on 12/28/16. Similarly, investors should look for TWO to open 2.64% lower in price and for AXS to open 0.58% lower, all else being equal.
Below are dividend history charts for CHSP, TWO, and AXS, showing historical dividends prior to the most recent ones declared.
Chesapeake Lodging Trust (Symbol: CHSP) :
Two Harbors Investment Corp (Symbol: TWO) :
AXIS Capital Holdings Ltd (Symbol: AXS) :
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 6.13% for Chesapeake Lodging Trust, 10.58% for Two Harbors Investment Corp, and 2.31% for AXIS Capital Holdings Ltd.
In Tuesday trading, Chesapeake Lodging Trust shares are currently trading flat, Two Harbors Investment Corp shares are down about 0.2%, and AXIS Capital Holdings Ltd shares are trading flat 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.