Looking at the universe of stocks we cover at Dividend Channel , on 10/7/15, Darden Restaurants, Inc. (Symbol: DRI), OGE Energy Corp. (Symbol: OGE), and WGL Holdings, Inc. (Symbol: WGL) will all trade ex-dividend for their respective upcoming dividends. Darden Restaurants, Inc. will pay its quarterly dividend of $0.55 on 11/2/15, OGE Energy Corp. will pay its quarterly dividend of $0.275 on 10/30/15, and WGL Holdings, Inc. will pay its quarterly dividend of $0.4625 on 11/1/15. As a percentage of DRI's recent stock price of $68.46, this dividend works out to approximately 0.80%, so look for shares of Darden Restaurants, Inc. to trade 0.80% lower - all else being equal - when DRI shares open for trading on 10/7/15. Similarly, investors should look for OGE to open 0.98% lower in price and for WGL to open 0.77% lower, all else being equal.
Below are dividend history charts for DRI, OGE, and WGL, showing historical dividends prior to the most recent ones declared.
Darden Restaurants, Inc. (Symbol: DRI) :
OGE Energy Corp. (Symbol: OGE) :
WGL Holdings, Inc. (Symbol: WGL) :
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 3.21% for Darden Restaurants, Inc., 3.93% for OGE Energy Corp., and 3.09% for WGL Holdings, Inc..
In Monday trading, Darden Restaurants, Inc. shares are currently down about 0.1%, OGE Energy Corp. shares are up about 0.9%, and WGL Holdings, Inc. shares are up about 0.5% 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.