Looking at the universe of stocks we cover at Dividend Channel , on 3/14/18, Service Corp. International (Symbol: SCI), World Wrestling Entertainment Inc (Symbol: WWE), and Macy's Inc (Symbol: M) will all trade ex-dividend for their respective upcoming dividends. Service Corp. International will pay its quarterly dividend of $0.17 on 3/30/18, World Wrestling Entertainment Inc will pay its quarterly dividend of $0.12 on 3/26/18, and Macy's Inc will pay its quarterly dividend of $0.3775 on 4/2/18. As a percentage of SCI's recent stock price of $39.35, this dividend works out to approximately 0.43%, so look for shares of Service Corp. International to trade 0.43% lower - all else being equal - when SCI shares open for trading on 3/14/18. Similarly, investors should look for WWE to open 0.31% lower in price and for M to open 1.31% lower, all else being equal.
Below are dividend history charts for SCI, WWE, and M, showing historical dividends prior to the most recent ones declared.
Service Corp. International (Symbol: SCI) :
World Wrestling Entertainment Inc (Symbol: WWE) :
Macy's Inc (Symbol: M) :
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 1.73% for Service Corp. International, 1.25% for World Wrestling Entertainment Inc, and 5.25% for Macy's Inc.
In Monday trading, Service Corp. International shares are currently up about 0.1%, World Wrestling Entertainment Inc shares are up about 0.1%, and Macy's Inc shares are down about 0.3% 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.
