Looking at the universe of stocks we cover at Dividend Channel , on 6/1/18, Monro Inc (Symbol: MNRO), Interpublic Group of Companies Inc. (Symbol: IPG), and Cedar Fair LP (Symbol: FUN) will all trade ex-dividend for their respective upcoming dividends. Monro Inc will pay its quarterly dividend of $0.20 on 6/14/18, Interpublic Group of Companies Inc. will pay its quarterly dividend of $0.21 on 6/18/18, and Cedar Fair LP will pay its quarterly dividend of $0.89 on 6/15/18. As a percentage of MNRO's recent stock price of $55.80, this dividend works out to approximately 0.36%, so look for shares of Monro Inc to trade 0.36% lower - all else being equal - when MNRO shares open for trading on 6/1/18. Similarly, investors should look for IPG to open 0.93% lower in price and for FUN to open 1.34% lower, all else being equal.
Below are dividend history charts for MNRO, IPG, and FUN, showing historical dividends prior to the most recent ones declared.
Monro Inc (Symbol: MNRO) :
Interpublic Group of Companies Inc. (Symbol: IPG) :
Cedar Fair LP (Symbol: FUN) :
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 1.43% for Monro Inc, 3.73% for Interpublic Group of Companies Inc., and 5.37% for Cedar Fair LP.
In Wednesday trading, Monro Inc shares are currently up about 1%, Interpublic Group of Companies Inc. shares are off about 0.6%, and Cedar Fair LP shares are up about 0.3% 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.
