Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 12/28/18, Franklin Resources, Inc. (Symbol: BEN), Douglas Emmett Inc (Symbol: DEI), and Fifth Third Bancorp (Symbol: FITB) will all trade ex-dividend for their respective upcoming dividends. Franklin Resources, Inc. will pay its quarterly dividend of $0.26 on 1/11/19, Douglas Emmett Inc will pay its quarterly dividend of $0.26 on 1/15/19, and Fifth Third Bancorp will pay its quarterly dividend of $0.22 on 1/15/19. As a percentage of BEN's recent stock price of $27.83, this dividend works out to approximately 0.93%, so look for shares of Franklin Resources, Inc. to trade 0.93% lower - all else being equal - when BEN shares open for trading on 12/28/18. Similarly, investors should look for DEI to open 0.79% lower in price and for FITB to open 0.98% lower, all else being equal.
Below are dividend history charts for BEN, DEI, and FITB, showing historical dividends prior to the most recent ones declared.
Franklin Resources, Inc. (Symbol: BEN) :
Douglas Emmett Inc (Symbol: DEI) :
Fifth Third Bancorp (Symbol: FITB) :
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 3.74% for Franklin Resources, Inc., 3.17% for Douglas Emmett Inc, and 3.93% for Fifth Third Bancorp .
In Wednesday trading, Franklin Resources, Inc. shares are currently up about 0.2%, Douglas Emmett Inc shares are up about 0.9%, and Fifth Third Bancorp shares are trading flat 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.
