Looking at the universe of stocks we cover at Dividend Channel , on 2/14/17, Invesco Ltd (Symbol: IVZ), CA Inc (Symbol: CA), and Microsoft Corporation (Symbol: MSFT) will all trade ex-dividend for their respective upcoming dividends. Invesco Ltd will pay its quarterly dividend of $0.28 on 3/3/17, CA Inc will pay its quarterly dividend of $0.255 on 3/14/17, and Microsoft Corporation will pay its quarterly dividend of $0.39 on 3/9/17. As a percentage of IVZ's recent stock price of $31.85, this dividend works out to approximately 0.88%, so look for shares of Invesco Ltd to trade 0.88% lower - all else being equal - when IVZ shares open for trading on 2/14/17. Similarly, investors should look for CA to open 0.81% lower in price and for MSFT to open 0.61% lower, all else being equal.
Below are dividend history charts for IVZ, CA, and MSFT, showing historical dividends prior to the most recent ones declared.
Invesco Ltd (Symbol: IVZ) :
CA Inc (Symbol: CA) :
Microsoft Corporation (Symbol: MSFT) :
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 3.52% for Invesco Ltd, 3.23% for CA Inc, and 2.43% for Microsoft Corporation.
In Friday trading, Invesco Ltd shares are currently up about 1.1%, CA Inc shares are up about 0.1%, and Microsoft Corporation shares are up about 0.1% 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.
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