Markets
RJF

Ex-Dividend Reminder: Mack Cali Realty Corp, Raymond James Financial and ABM Industries

A generic image of a pen a calculator and a laptop surrounded by papers
Credit: Shutterstock photo

Looking at the universe of stocks we cover at Dividend Channel , on 1/2/19, Mack Cali Realty Corp (Symbol: CLI), Raymond James Financial Inc (Symbol: RJF), and ABM Industries, Inc. (Symbol: ABM) will all trade ex-dividend for their respective upcoming dividends. Mack Cali Realty Corp will pay its quarterly dividend of $0.20 on 1/11/19, Raymond James Financial Inc will pay its quarterly dividend of $0.34 on 1/17/19, and ABM Industries, Inc. will pay its quarterly dividend of $0.18 on 2/4/19. As a percentage of CLI's recent stock price of $19.35, this dividend works out to approximately 1.03%, so look for shares of Mack Cali Realty Corp to trade 1.03% lower - all else being equal - when CLI shares open for trading on 1/2/19. Similarly, investors should look for RJF to open 0.46% lower in price and for ABM to open 0.57% lower, all else being equal.

Below are dividend history charts for CLI, RJF, and ABM, showing historical dividends prior to the most recent ones declared.

Mack Cali Realty Corp (Symbol: CLI) :

CLI+Dividend+History+Chart

Raymond James Financial Inc (Symbol: RJF) :

RJF+Dividend+History+Chart

ABM Industries, Inc. (Symbol: ABM) :

ABM+Dividend+History+Chart

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 4.13% for Mack Cali Realty Corp, 1.82% for Raymond James Financial Inc, and 2.27% for ABM Industries, Inc..

In Monday trading, Mack Cali Realty Corp shares are currently up about 0.2%, Raymond James Financial Inc shares are up about 1.2%, and ABM Industries, Inc. shares are up about 1.9% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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.

In This Story

RJF CLI ABM

Other Topics

Options