Looking at the universe of stocks we cover at Dividend Channel , on 3/7/19, MGM Resorts International (Symbol: MGM), Cinemark Holdings Inc (Symbol: CNK), and Abercrombie & Fitch Co (Symbol: ANF) will all trade ex-dividend for their respective upcoming dividends. MGM Resorts International will pay its quarterly dividend of $0.13 on 3/15/19, Cinemark Holdings Inc will pay its quarterly dividend of $0.34 on 3/22/19, and Abercrombie & Fitch Co will pay its quarterly dividend of $0.20 on 3/18/19. As a percentage of MGM's recent stock price of $26.91, this dividend works out to approximately 0.48%, so look for shares of MGM Resorts International to trade 0.48% lower - all else being equal - when MGM shares open for trading on 3/7/19. Similarly, investors should look for CNK to open 0.87% lower in price and for ANF to open 0.93% lower, all else being equal.
Below are dividend history charts for MGM, CNK, and ANF, showing historical dividends prior to the most recent ones declared.
MGM Resorts International (Symbol: MGM) :
Cinemark Holdings Inc (Symbol: CNK) :
Abercrombie & Fitch Co (Symbol: ANF) :
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 recen t dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.93% for MGM Resorts International, 3.50% for Cinemark Holdings Inc, and 3.72% for Abercrombie & Fitch Co.
In Tuesday trading, MGM Resorts International shares are currently up about 0.2%, Cinemark Holdings Inc shares are down about 0.8%, and Abercrombie & Fitch Co shares are down about 0.3% 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.