Looking at the universe of stocks we cover at Dividend Channel , on 3/8/17, Lithia Motors Inc (Symbol: LAD), Dick's Sporting Goods, Inc (Symbol: DKS), and CBS Corp (Symbol: CBS) will all trade ex-dividend for their respective upcoming dividends. Lithia Motors Inc will pay its quarterly dividend of $0.25 on 3/24/17, Dick's Sporting Goods, Inc will pay its quarterly dividend of $0.17 on 3/31/17, and CBS Corp will pay its quarterly dividend of $0.18 on 4/1/17. As a percentage of LAD's recent stock price of $95.39, this dividend works out to approximately 0.26%, so look for shares of Lithia Motors Inc to trade 0.26% lower - all else being equal - when LAD shares open for trading on 3/8/17. Similarly, investors should look for DKS to open 0.33% lower in price and for CBS to open 0.26% lower, all else being equal.
Below are dividend history charts for LAD, DKS, and CBS, showing historical dividends prior to the most recent ones declared.
Lithia Motors Inc (Symbol: LAD) :
Dick's Sporting Goods, Inc (Symbol: DKS) :
CBS Corp (Symbol: CBS) :
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 1.05% for Lithia Motors Inc, 1.32% for Dick's Sporting Goods, Inc, and 1.06% for CBS Corp.
In Monday trading, Lithia Motors Inc shares are currently trading flat, Dick's Sporting Goods, Inc shares are off about 1.6%, and CBS Corp shares are off about 0.5% 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.