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Ex-Dividend Reminder: D.R. Horton, CMS Energy Corp and Pfizer

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Looking at the universe of stocks we cover at Dividend Channel , on 2/1/17, D.R. Horton Inc. (Symbol: DHI), CMS Energy Corp (Symbol: CMS), and Pfizer Inc (Symbol: PFE) will all trade ex-dividend for their respective upcoming dividends. D.R. Horton Inc. will pay its quarterly dividend of $0.10 on 2/15/17, CMS Energy Corp will pay its quarterly dividend of $0.3325 on 2/28/17, and Pfizer Inc will pay its quarterly dividend of $0.32 on 3/1/17. As a percentage of DHI's recent stock price of $30.37, this dividend works out to approximately 0.33%, so look for shares of D.R. Horton Inc. to trade 0.33% lower - all else being equal - when DHI shares open for trading on 2/1/17. Similarly, investors should look for CMS to open 0.79% lower in price and for PFE to open 1.02% lower, all else being equal.

Below are dividend history charts for DHI, CMS, and PFE, showing historical dividends prior to the most recent ones declared.

D.R. Horton Inc. (Symbol: DHI) :

DHI+Dividend+History+Chart

CMS Energy Corp (Symbol: CMS) :

CMS+Dividend+History+Chart

Pfizer Inc (Symbol: PFE) :

PFE+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 1.32% for D.R. Horton Inc., 3.17% for CMS Energy Corp, and 4.07% for Pfizer Inc.

In Monday trading, D.R. Horton Inc. shares are currently off about 1.8%, CMS Energy Corp shares are up about 0.3%, and Pfizer Inc shares are trading flat 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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