Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 9/7/17, Dick's Sporting Goods, Inc (Symbol: DKS), Big Lots, Inc. (Symbol: BIG), and CBS Corp (Symbol: CBS) will all trade ex-dividend for their respective upcoming dividends. Dick's Sporting Goods, Inc will pay its quarterly dividend of $0.17 on 9/29/17, Big Lots, Inc. will pay its quarterly dividend of $0.25 on 9/22/17, and CBS Corp will pay its quarterly dividend of $0.18 on 10/1/17. As a percentage of DKS's recent stock price of $26.69, this dividend works out to approximately 0.64%, so look for shares of Dick's Sporting Goods, Inc to trade 0.64% lower - all else being equal - when DKS shares open for trading on 9/7/17. Similarly, investors should look for BIG to open 0.52% lower in price and for CBS to open 0.28% lower, all else being equal.
Below are dividend history charts for DKS, BIG, and CBS, showing historical dividends prior to the most recent ones declared.
Dick's Sporting Goods, Inc (Symbol: DKS) :
Big Lots, Inc. (Symbol: BIG) :
CBS Corp (Symbol: CBS) :
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 2.55% for Dick's Sporting Goods, Inc, 2.09% for Big Lots, Inc., and 1.12% for CBS Corp.
In Tuesday trading, Dick's Sporting Goods, Inc shares are currently off about 0.1%, Big Lots, Inc. shares are up about 0.2%, and CBS Corp shares are off about 0.3% on the day.
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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.
