Looking at the universe of stocks we cover at Dividend Channel , on 12/28/18, RLJ Lodging Trust (Symbol: RLJ), Colony Credit Real Estate Inc (Symbol: CLNC), and Equity Lifestyle Properties Inc (Symbol: ELS) will all trade ex-dividend for their respective upcoming dividends. RLJ Lodging Trust will pay its quarterly dividend of $0.33 on 1/15/19, Colony Credit Real Estate Inc will pay its monthly dividend of $0.145 on 1/10/19, and Equity Lifestyle Properties Inc will pay its quarterly dividend of $0.55 on 1/11/19. As a percentage of RLJ's recent stock price of $16.29, this dividend works out to approximately 2.03%, so look for shares of RLJ Lodging Trust to trade 2.03% lower - all else being equal - when RLJ shares open for trading on 12/28/18. Similarly, investors should look for CLNC to open 0.91% lower in price and for ELS to open 0.59% lower, all else being equal.
Below are dividend history charts for RLJ, CLNC, and ELS, showing historical dividends prior to the most recent ones declared.
RLJ Lodging Trust (Symbol: RLJ) :
Colony Credit Real Estate Inc (Symbol: CLNC) :
Equity Lifestyle Properties Inc (Symbol: ELS) :
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 8.10% for RLJ Lodging Trust, 10.97% for Colony Credit Real Estate Inc, and 2.34% for Equity Lifestyle Properties Inc.
In Wednesday trading, RLJ Lodging Trust shares are currently up about 0.6%, Colony Credit Real Estate Inc shares are up about 1.7%, and Equity Lifestyle Properties Inc shares are up about 0.6% 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.