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Ex-Dividend Reminder: Inter Parfums, McCormick and Ralph Lauren

Looking at the universe of stocks we cover at Dividend Channel , on 12/28/18, Inter Parfums, Inc. (Symbol: IPAR), McCormick & Co Inc (Symbol: MKC), and Ralph Lauren Corp (Symbol: RL) will all trade ex-dividend for their respective upcoming dividends. Inter Parfums, Inc. will pay its quarterly dividend of $0.275 on 1/15/19, McCormick & Co Inc will pay its quarterly dividend of $0.57 on 1/14/19, and Ralph Lauren Corp will pay its quarterly dividend of $0.625 on 1/11/19. As a percentage of IPAR's recent stock price of $61.45, this dividend works out to approximately 0.45%, so look for shares of Inter Parfums, Inc. to trade 0.45% lower - all else being equal - when IPAR shares open for trading on 12/28/18. Similarly, investors should look for MKC to open 0.42% lower in price and for RL to open 0.64% lower, all else being equal.

Below are dividend history charts for IPAR, MKC, and RL, showing historical dividends prior to the most recent ones declared.

Inter Parfums, Inc. (Symbol: IPAR) :

IPAR+Dividend+History+Chart

McCormick & Co Inc (Symbol: MKC) :

MKC+Dividend+History+Chart

Ralph Lauren Corp (Symbol: RL) :

RL+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 1.79% for Inter Parfums, Inc., 1.68% for McCormick & Co Inc, and 2.55% for Ralph Lauren Corp.

In Wednesday trading, Inter Parfums, Inc. shares are currently up about 0.6%, McCormick & Co Inc shares are up about 1.1%, and Ralph Lauren Corp shares are up about 1.8% 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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