Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 9/6/18, Meta Financial Group Inc (Symbol: CASH), Gaming & Leisure Properties, Inc (Symbol: GLPI), and Bank of America Corp (Symbol: BAC) will all trade ex-dividend for their respective upcoming dividends. Meta Financial Group Inc will pay its quarterly dividend of $0.15 on 10/1/18, Gaming & Leisure Properties, Inc will pay its quarterly dividend of $0.63 on 9/21/18, and Bank of America Corp will pay its quarterly dividend of $0.15 on 9/28/18. As a percentage of CASH's recent stock price of $86.60, this dividend works out to approximately 0.17%, so look for shares of Meta Financial Group Inc to trade 0.17% lower - all else being equal - when CASH shares open for trading on 9/6/18. Similarly, investors should look for GLPI to open 1.76% lower in price and for BAC to open 0.49% lower, all else being equal.
Below are dividend history charts for CASH, GLPI, and BAC, showing historical dividends prior to the most recent ones declared.
Meta Financial Group Inc (Symbol: CASH) :
Gaming & Leisure Properties, Inc (Symbol: GLPI) :
Bank of America Corp (Symbol: BAC) :
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 0.69% for Meta Financial Group Inc, 7.03% for Gaming & Leisure Properties, Inc, and 1.94% for Bank of America Corp.
In Tuesday trading, Meta Financial Group Inc shares are currently trading flat, Gaming & Leisure Properties, Inc shares are up about 0.1%, and Bank of America Corp shares are trading flat 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.
