Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 3/14/18, J&J Snack Foods Corp. (Symbol: JJSF), Wyndham Worldwide Corp (Symbol: WYN), and Red Rock Resorts Inc (Symbol: RRR) will all trade ex-dividend for their respective upcoming dividends. J&J Snack Foods Corp. will pay its quarterly dividend of $0.45 on 4/4/18, Wyndham Worldwide Corp will pay its quarterly dividend of $0.66 on 3/30/18, and Red Rock Resorts Inc will pay its quarterly dividend of $0.10 on 3/30/18. As a percentage of JJSF's recent stock price of $141.80, this dividend works out to approximately 0.32%, so look for shares of J&J Snack Foods Corp. to trade 0.32% lower - all else being equal - when JJSF shares open for trading on 3/14/18. Similarly, investors should look for WYN to open 0.55% lower in price and for RRR to open 0.30% lower, all else being equal.
Below are dividend history charts for JJSF, WYN, and RRR, showing historical dividends prior to the most recent ones declared.
J&J Snack Foods Corp. (Symbol: JJSF) :
Wyndham Worldwide Corp (Symbol: WYN) :
Red Rock Resorts Inc (Symbol: RRR) :
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 1.27% for J&J Snack Foods Corp., 2.19% for Wyndham Worldwide Corp, and 1.21% for Red Rock Resorts Inc.
In Monday trading, J&J Snack Foods Corp. shares are currently trading flat, Wyndham Worldwide Corp shares are off about 0.3%, and Red Rock Resorts Inc shares are up about 0.4% 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.
