Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 12/18/17, STMicroelectronics N.V. (Symbol: STM), Broadcom Ltd (Symbol: AVGO), and Kaman Corp. (Symbol: KAMN) will all trade ex-dividend for their respective upcoming dividends. STMicroelectronics N.V. will pay its quarterly dividend of $0.06 on 12/27/17, Broadcom Ltd will pay its quarterly dividend of $1.75 on 12/29/17, and Kaman Corp. will pay its quarterly dividend of $0.20 on 1/4/18. As a percentage of STM's recent stock price of $22.07, this dividend works out to approximately 0.27%, so look for shares of STMicroelectronics N.V. to trade 0.27% lower - all else being equal - when STM shares open for trading on 12/18/17. Similarly, investors should look for AVGO to open 0.67% lower in price and for KAMN to open 0.34% lower, all else being equal.
Below are dividend history charts for STM, AVGO, and KAMN, showing historical dividends prior to the most recent ones declared.
STMicroelectronics N.V. (Symbol: STM) :
Broadcom Ltd (Symbol: AVGO) :
Kaman Corp. (Symbol: KAMN) :
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 1.09% for STMicroelectronics N.V., 2.68% for Broadcom Ltd, and 1.38% for Kaman Corp..
In Thursday trading, STMicroelectronics N.V. shares are currently up about 0.1%, Broadcom Ltd shares are off about 0.4%, and Kaman Corp. shares are up 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.
