Looking at the universe of stocks we cover at Dividend Channel , on 11/3/17, MetLife Inc (Symbol: MET), Washington Federal Inc. (Symbol: WAFD), and Alexander's, Inc. (Symbol: ALX) will all trade ex-dividend for their respective upcoming dividends. MetLife Inc will pay its quarterly dividend of $0.40 on 12/13/17, Washington Federal Inc. will pay its quarterly dividend of $0.15 on 11/20/17, and Alexander's, Inc. will pay its quarterly dividend of $4.25 on 11/20/17. As a percentage of MET's recent stock price of $53.99, this dividend works out to approximately 0.74%, so look for shares of MetLife Inc to trade 0.74% lower - all else being equal - when MET shares open for trading on 11/3/17. Similarly, investors should look for WAFD to open 0.43% lower in price and for ALX to open 1.03% lower, all else being equal.
Below are dividend history charts for MET, WAFD, and ALX, showing historical dividends prior to the most recent ones declared.
MetLife Inc (Symbol: MET) :
Washington Federal Inc. (Symbol: WAFD) :
Alexander's, Inc. (Symbol: ALX) :
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 2.96% for MetLife Inc, 1.72% for Washington Federal Inc., and 4.14% for Alexander's, Inc..
In Wednesday trading, MetLife Inc shares are currently up about 0.8%, Washington Federal Inc. shares are up about 0.3%, and Alexander's, Inc. shares are trading flat 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.