Looking at the universe of stocks we cover at Dividend Channel , on 2/10/16, Nexstar Broadcasting Group Inc (Symbol: NXST), Aqua America Inc (Symbol: WTR), and Exelon Corp. (Symbol: EXC) will all trade ex-dividend for their respective upcoming dividends. Nexstar Broadcasting Group Inc will pay its quarterly dividend of $0.24 on 2/26/16, Aqua America Inc will pay its quarterly dividend of $0.178 on 3/1/16, and Exelon Corp. will pay its quarterly dividend of $0.31 on 3/10/16. As a percentage of NXST's recent stock price of $38.58, this dividend works out to approximately 0.62%, so look for shares of Nexstar Broadcasting Group Inc to trade 0.62% lower - all else being equal - when NXST shares open for trading on 2/10/16. Similarly, investors should look for WTR to open 0.56% lower in price and for EXC to open 0.94% lower, all else being equal.
Below are dividend history charts for NXST, WTR, and EXC, showing historical dividends prior to the most recent ones declared. Nexstar Broadcasting Group Inc (Symbol: NXST) :
Aqua America Inc (Symbol: WTR) :
Exelon Corp. (Symbol: EXC) :
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 2.49% for Nexstar Broadcasting Group Inc, 2.26% for Aqua America Inc, and 3.77% for Exelon Corp.. In Monday trading, Nexstar Broadcasting Group Inc shares are currently off about 3.3%, Aqua America Inc shares are down about 0.1%, and Exelon Corp. shares are down about 0.1% 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.
