Looking at the universe of stocks we cover at Dividend Channel , on 11/26/15, RioCan Real Estate Investment Trust (Symbol: RIOCF), Apple Hospitality REIT Inc (Symbol: APLE), and Ebix Inc (Symbol: EBIX) will all trade ex-dividend for their respective upcoming dividends. RioCan Real Estate Investment Trust will pay its monthly dividend of $0.1175 on 12/7/15, Apple Hospitality REIT Inc will pay its monthly dividend of $0.10 on 12/15/15, and Ebix Inc will pay its quarterly dividend of $0.075 on 12/15/15. As a percentage of RIOCF's recent stock price of $18.75, this dividend works out to approximately 0.63%, so look for shares of RioCan Real Estate Investment Trust to trade 0.63% lower - all else being equal - when RIOCF shares open for trading on 11/26/15. Similarly, investors should look for APLE to open 0.51% lower in price and for EBIX to open 0.21% lower, all else being equal.
Below are dividend history charts for RIOCF, APLE, and EBIX, showing historical dividends prior to the most recent ones declared.
RioCan Real Estate Investment Trust (Symbol: RIOCF) :
Apple Hospitality REIT Inc (Symbol: APLE) :
Ebix Inc (Symbol: EBIX) :
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 7.52% for RioCan Real Estate Investment Trust, 6.16% for Apple Hospitality REIT Inc, and 0.83% for Ebix Inc.
In Tuesday trading, RioCan Real Estate Investment Trust shares are currently off about 0.1%, Apple Hospitality REIT Inc shares are down about 0.4%, and Ebix Inc shares are off about 1.9% 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.