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Ex-Dividend Reminder: Covanta Holding, Edison International and Sempra Energy

Looking at the universe of stocks we cover at Dividend Channel , on 12/27/18, Covanta Holding Corp (Symbol: CVA), Edison International (Symbol: EIX), and Sempra Energy (Symbol: SRE) will all trade ex-dividend for their respective upcoming dividends. Covanta Holding Corp will pay its quarterly dividend of $0.25 on 1/4/19, Edison International will pay its quarterly dividend of $0.6125 on 1/31/19, and Sempra Energy will pay its quarterly dividend of $0.895 on 1/15/19. As a percentage of CVA's recent stock price of $13.22, this dividend works out to approximately 1.89%, so look for shares of Covanta Holding Corp to trade 1.89% lower - all else being equal - when CVA shares open for trading on 12/27/18. Similarly, investors should look for EIX to open 1.12% lower in price and for SRE to open 0.83% lower, all else being equal.

Below are dividend history charts for CVA, EIX, and SRE, showing historical dividends prior to the most recent ones declared.

Covanta Holding Corp (Symbol: CVA) :

CVA+Dividend+History+Chart

Edison International (Symbol: EIX) :

EIX+Dividend+History+Chart

Sempra Energy (Symbol: SRE) :

SRE+Dividend+History+Chart

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 7.56% for Covanta Holding Corp, 4.48% for Edison International, and 3.32% for Sempra Energy.

In Wednesday trading, Covanta Holding Corp shares are currently up about 0.7%, Edison International shares are up about 0.7%, and Sempra Energy shares are up about 0.6% on the day.

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

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.

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