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Ex-Dividend Reminder: General Motors, TEGNA and Hyatt Hotels

Looking at the universe of stocks we cover at Dividend Channel , on 9/6/18, General Motors Co (Symbol: GM), TEGNA Inc (Symbol: TGNA), and Hyatt Hotels Corp (Symbol: H) will all trade ex-dividend for their respective upcoming dividends. General Motors Co will pay its quarterly dividend of $0.38 on 9/21/18, TEGNA Inc will pay its quarterly dividend of $0.07 on 10/1/18, and Hyatt Hotels Corp will pay its quarterly dividend of $0.15 on 9/20/18. As a percentage of GM's recent stock price of $35.40, this dividend works out to approximately 1.07%, so look for shares of General Motors Co to trade 1.07% lower - all else being equal - when GM shares open for trading on 9/6/18. Similarly, investors should look for TGNA to open 0.61% lower in price and for H to open 0.19% lower, all else being equal.

Below are dividend history charts for GM, TGNA, and H, showing historical dividends prior to the most recent ones declared.

General Motors Co (Symbol: GM) :

GM+Dividend+History+Chart

TEGNA Inc (Symbol: TGNA) :

TGNA+Dividend+History+Chart

Hyatt Hotels Corp (Symbol: H) :

H+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 4.29% for General Motors Co, 2.43% for TEGNA Inc, and 0.78% for Hyatt Hotels Corp.

In Tuesday trading, General Motors Co shares are currently down about 1.8%, TEGNA Inc shares are down about 1.2%, and Hyatt Hotels Corp shares are off about 0.5% 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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