Looking at the universe of stocks we cover at Dividend Channel , on 3/8/18, TELUS Corp (Symbol: TU), Waste Management, Inc. (Symbol: WM), and Genpact Ltd (Symbol: G) will all trade ex-dividend for their respective upcoming dividends. TELUS Corp will pay its quarterly dividend of $0.505 on 4/2/18, Waste Management, Inc. will pay its quarterly dividend of $0.465 on 3/23/18, and Genpact Ltd will pay its quarterly dividend of $0.075 on 3/21/18. As a percentage of TU's recent stock price of $36.50, this dividend works out to approximately 1.38%, so look for shares of TELUS Corp to trade 1.38% lower - all else being equal - when TU shares open for trading on 3/8/18. Similarly, investors should look for WM to open 0.54% lower in price and for G to open 0.24% lower, all else being equal.
Below are dividend history charts for TU, WM, and G, showing historical dividends prior to the most recent ones declared.
TELUS Corp (Symbol: TU) :
Waste Management, Inc. (Symbol: WM) :
Genpact Ltd (Symbol: G) :
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 5.53% for TELUS Corp, 2.17% for Waste Management, Inc. , and 0.95% for Genpact Ltd.
In Tuesday trading, TELUS Corp shares are currently up about 0.9%, Waste Management, Inc. shares are up about 0.1%, and Genpact Ltd shares are up about 0.4% 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.