Looking at the universe of stocks we cover at Dividend Channel , on 8/7/18, LogMeIn Inc (Symbol: LOGM), Xilinx, Inc. (Symbol: XLNX), and Southern Copper Corp (Symbol: SCCO) will all trade ex-dividend for their respective upcoming dividends. LogMeIn Inc will pay its quarterly dividend of $0.30 on 8/24/18, Xilinx, Inc. will pay its quarterly dividend of $0.36 on 8/28/18, and Southern Copper Corp will pay its quarterly dividend of $0.40 on 8/21/18. As a percentage of LOGM's recent stock price of $83.25, this dividend works out to approximately 0.36%, so look for shares of LogMeIn Inc to trade 0.36% lower - all else being equal - when LOGM shares open for trading on 8/7/18. Similarly, investors should look for XLNX to open 0.50% lower in price and for SCCO to open 0.85% lower, all else being equal.
When an S&P 1500 component reaches 20 years of dividend increases, it becomes a contender to join the elite "Dividend Aristocrats" index. Xilinx, Inc. (Symbol: XLNX) is a " future dividend aristocrats contender ," with 14+ years of increases.
Below are dividend history charts for LOGM, XLNX, and SCCO, showing historical dividends prior to the most recent ones declared.
LogMeIn Inc (Symbol: LOGM) :
Xilinx, Inc. (Symbol: XLNX) :
Southern Copper Corp (Symbol: SCCO) :
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 1.44% for LogMeIn Inc, 2.01% for Xilinx, Inc., and 3.41% for Southern Copper Corp.
In Friday trading, LogMeIn Inc shares are currently up about 0.5%, Xilinx, Inc. shares are down about 0.1%, and Southern Copper Corp 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.