Looking at the universe of stocks we cover at Dividend Channel , on 6/12/15, Lamar Advertising Co (Symbol: LAMR), New Mountain Finance Corp (Symbol: NMFC), and Equity One, Inc. (Symbol: EQY) will all trade ex-dividend for their respective upcoming dividends. Lamar Advertising Co will pay its quarterly dividend of $0.69 on 6/30/15, New Mountain Finance Corp will pay its quarterly dividend of $0.34 on 6/30/15, and Equity One, Inc. will pay its quarterly dividend of $0.22 on 6/30/15. As a percentage of LAMR's recent stock price of $58.81, this dividend works out to approximately 1.17%, so look for shares of Lamar Advertising Co to trade 1.17% lower - all else being equal - when LAMR shares open for trading on 6/12/15. Similarly, investors should look for NMFC to open 2.27% lower in price and for EQY to open 0.92% lower, all else being equal.
Below are dividend history charts for LAMR, NMFC, and EQY, showing historical dividends prior to the most recent ones declared.
Lamar Advertising Co (Symbol: LAMR) :
New Mountain Finance Corp (Symbol: NMFC) :
Equity One, Inc. (Symbol: EQY) :
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 4.69% for Lamar Advertising Co , 9.06% for New Mountain Finance Corp, and 3.67% for Equity One, Inc..
In Wednesday trading, Lamar Advertising Co shares are currently up about 0.4%, New Mountain Finance Corp shares are up about 0.3%, and Equity One, Inc. shares are up about 0.1% 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.
