Looking at the universe of stocks we cover at Dividend Channel , on 3/14/18, Prologis Inc (Symbol: PLD), Extra Space Storage Inc (Symbol: EXR), and Universal Display Corp (Symbol: OLED) will all trade ex-dividend for their respective upcoming dividends. Prologis Inc will pay its quarterly dividend of $0.48 on 3/29/18, Extra Space Storage Inc will pay its quarterly dividend of $0.78 on 3/29/18, and Universal Display Corp will pay its quarterly dividend of $0.06 on 3/30/18. As a percentage of PLD's recent stock price of $63.50, this dividend works out to approximately 0.76%, so look for shares of Prologis Inc to trade 0.76% lower - all else being equal - when PLD shares open for trading on 3/14/18. Similarly, investors should look for EXR to open 0.88% lower in price and for OLED to open 0.04% lower, all else being equal.
Below are dividend history charts for PLD, EXR, and OLED, showing historical dividends prior to the most recent ones declared.
Prologis Inc (Symbol: PLD) :
Extra Space Storage Inc (Symbol: EXR) :
Universal Display Corp (Symbol: OLED) :
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 3.02% for Prologis Inc, 3.54% for Extra Space Storage Inc, and 0.18% for Universal Display Corp.
In Monday trading, Prologis Inc shares are currently off about 0.3%, Extra Space Storage Inc shares are trading flat, and Universal Display Corp shares are up about 1.1% 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.