Looking at the universe of stocks we cover at Dividend Channel , on 12/18/17, Pinnacle Foods Inc. (Symbol: PF), Omnicom Group, Inc. (Symbol: OMC), and Meridian Bancorp Inc (Symbol: EBSB) will all trade ex-dividend for their respective upcoming dividends. Pinnacle Foods Inc. will pay its quarterly dividend of $0.325 on 1/10/18, Omnicom Group, Inc. will pay its quarterly dividend of $0.60 on 1/9/18, and Meridian Bancorp Inc will pay its quarterly dividend of $0.05 on 1/2/18. As a percentage of PF's recent stock price of $55.95, this dividend works out to approximately 0.58%, so look for shares of Pinnacle Foods Inc. to trade 0.58% lower - all else being equal - when PF shares open for trading on 12/18/17. Similarly, investors should look for OMC to open 0.82% lower in price and for EBSB to open 0.25% lower, all else being equal.
Below are dividend history charts for PF, OMC, and EBSB, showing historical dividends prior to the most recent ones declared.
Pinnacle Foods Inc. (Symbol: PF) :
Omnicom Group, Inc. (Symbol: OMC) :
Meridian Bancorp Inc (Symbol: EBSB) :
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 2.32% for Pinnacle Foods Inc., 3.28% for Omnicom Group, Inc., and 1.01% for Meridian Bancorp Inc.
In Thursday trading, Pinnacle Foods Inc. shares are currently off about 0.5%, Omnicom Group, Inc. shares are off about 0.7%, and Meridian Bancorp Inc shares are down about 0.5% 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.
