Looking at the universe of stocks we cover at Dividend Channel , on 4/8/15, OGE Energy Corp. (Symbol: OGE), WGL Holdings, Inc. (Symbol: WGL), and Patterson Companies Inc (Symbol: PDCO) will all trade ex-dividend for their respective upcoming dividends. OGE Energy Corp. will pay its quarterly dividend of $0.25 on 4/30/15, WGL Holdings, Inc. will pay its quarterly dividend of $0.4625 on 5/1/15, and Patterson Companies Inc will pay its quarterly dividend of $0.22 on 4/24/15. As a percentage of OGE's recent stock price of $32.11, this dividend works out to approximately 0.78%, so look for shares of OGE Energy Corp. to trade 0.78% lower - all else being equal - when O GE shares open for trading on 4/8/15. Similarly, investors should look for WGL to open 0.82% lower in price and for PDCO to open 0.46% lower, all else being equal.
Below are dividend history charts for OGE, WGL, and PDCO, showing historical dividends prior to the most recent ones declared.
OGE Energy Corp. (Symbol: OGE) :
WGL Holdings, Inc. (Symbol: WGL) :
Patterson Companies Inc (Symbol: PDCO) :
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 3.11% for OGE Energy Corp., 3.26% for WGL Holdings, Inc., and 1.82% for Patterson Companies Inc.
In Monday trading, OGE Energy Corp. shares are currently up about 0.3%, WGL Holdings, Inc. shares are up about 0.3%, and Patterson Companies Inc shares are off 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.