Looking at the universe of stocks we cover at Dividend Channel , on 12/14/17, GGP Inc (Symbol: GGP), RenaissanceRe Holdings Ltd. (Symbol: RNR), and CenterState Bank Corp (Symbol: CSFL) will all trade ex-dividend for their respective upcoming dividends. GGP Inc will pay its quarterly dividend of $0.22 on 1/5/18, RenaissanceRe Holdings Ltd. will pay its quarterly dividend of $0.32 on 12/29/17, and CenterState Bank Corp will pay its quarterly dividend of $0.06 on 12/29/17. As a percentage of GGP's recent stock price of $23.50, this dividend works out to approximately 0.94%, so look for shares of GGP Inc to trade 0.94% lower - all else being equal - when GGP shares open for trading on 12/14/17. Similarly, investors should look for RNR to open 0.25% lower in price and for CSFL to open 0.23% lower, all else being equal.
Below are dividend history charts for GGP, RNR, and CSFL, showing historical dividends prior to the most recent ones declared.
GGP Inc (Symbol: GGP) :
RenaissanceRe Holdings Ltd. (Symbol: RNR) :
CenterState Bank Corp (Symbol: CSFL) :
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 GGP Inc, 1.01% for RenaissanceRe Holdings Ltd., and 0.90% for CenterState Bank Corp.
In Tuesday trading, GGP Inc shares are currently up about 0.5%, RenaissanceRe Holdings Ltd. shares are up about 0.2%, and CenterState Bank Corp shares are up about 0.2% 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.
