Looking at the universe of stocks we cover at Dividend Channel , on 2/19/19, Equinor ASA (Symbol: EQNR), Target Corp (Symbol: TGT), and Exelon Corp (Symbol: EXC) will all trade ex-dividend for their respective upcoming dividends. Equinor ASA will pay its quarterly dividend of $0.23 on 2/28/19, Target Corp will pay its quarterly dividend of $0.64 on 3/10/19, and Exelon Corp will pay its quarterly dividend of $0.3625 on 3/8/19. As a percentage of EQNR's recent stock price of $23.14, this dividend works out to approximately 0.99%, so look for shares of Equinor ASA to trade 0.99% lower - all else being equal - when EQNR shares open for trading on 2/19/19. Similarly, investors should look for TGT to open 0.88% lower in price and for EXC to open 0.76% lower, all else being equal.
Below are dividend history charts for EQNR, TGT, and EXC, showing historical dividends prior to the most recent ones declared.
Equinor ASA (Symbol: EQNR) :
Target Corp (Symbol: TGT) :
Exelon Corp (Symbol: EXC) :
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 recen t dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.98% for Equinor ASA, 3.52% for Target Corp, and 3.02% for Exelon Corp.
In Friday trading, Equinor ASA shares are currently up about 2.2%, Target Corp shares are up about 0.7%, and Exelon Corp shares are up about 0.3% 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.