Looking at the universe of stocks we cover at Dividend Channel , on 8/9/18, Constellation Brands Inc (Symbol: STZ), Sirius XM Holdings Inc (Symbol: SIRI), and Penske Automotive Group Inc (Symbol: PAG) will all trade ex-dividend for their respective upcoming dividends. Constellation Brands Inc will pay its quarterly dividend of $0.74 on 8/24/18, Sirius XM Holdings Inc will pay its quarterly dividend of $0.011 on 8/31/18, and Penske Automotive Group Inc will pay its quarterly dividend of $0.36 on 9/5/18. As a percentage of STZ's recent stock price of $216.29, this dividend works out to approximately 0.34%, so look for shares of Constellation Brands Inc to trade 0.34% lower - all else being equal - when STZ shares open for trading on 8/9/18. Similarly, investors should look for SIRI to open 0.16% lower in price and for PAG to open 0.69% lower, all else being equal.
Below are dividend history charts for STZ, SIRI, and PAG, showing historical dividends prior to the most recent ones declared.
Constellation Brands Inc (Symbol: STZ) :
Sirius XM Holdings Inc (Symbol: SIRI) :
Penske Automotive Group Inc (Symbol: PAG) :
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 1.37% for Constellation Brands Inc, 0.64% for Sirius XM Holdings Inc, and 2.74% for Penske Automotive Group Inc.
In Tuesday trading, Constellation Brands Inc shares are currently up about 1.8%, Sirius XM Holdings Inc shares are up about 0.4%, and Penske Automotive Group Inc shares are up about 0.6% on the day.