Looking at the universe of stocks we cover at Dividend Channel , on 2/16/17, Fidelity & Guaranty Life (Symbol: FGL), Macerich Co. (Symbol: MAC), and Kemper Corp. (Symbol: KMPR) will all trade ex-dividend for their respective upcoming dividends. Fidelity & Guaranty Life will pay its quarterly dividend of $0.065 on 3/6/17, Macerich Co. will pay its quarterly dividend of $0.71 on 3/3/17, and Kemper Corp. will pay its quarterly dividend of $0.24 on 3/7/17. As a percentage of FGL's recent stock price of $26.40, this dividend works out to approximately 0.25%, so look for shares of Fidelity & Guaranty Life to trade 0.25% lower - all else being equal - when FGL shares open for trading on 2/16/17. Similarly, investors should look for MAC to open 1.06% lower in price and for KMPR to open 0.54% lower, all else being equal.
Below are dividend history charts for FGL, MAC, and KMPR, showing historical dividends prior to the most recent ones declared.
Fidelity & Guaranty Life (Symbol: FGL) :
Macerich Co. (Symbol: MAC) :
Kemper Corp. (Symbol: KMPR) :
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 0.98% for Fidelity & Guaranty Life, 4.24% for Macerich Co. , and 2.18% for Kemper Corp. .
In Tuesday trading, Fidelity & Guaranty Life shares are currently trading flat, Macerich Co. shares are off about 1%, and Kemper Corp. shares are down about 0.8% 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.