Looking at the universe of stocks we cover at Dividend Channel, on 6/14/24, Universal Display Corp (Symbol: OLED), CSG Systems International Inc. (Symbol: CSGS), and Telephone & Data Systems Inc (Symbol: TDS) will all trade ex-dividend for their respective upcoming dividends. Universal Display Corp will pay its quarterly dividend of $0.40 on 6/28/24, CSG Systems International Inc. will pay its quarterly dividend of $0.30 on 6/27/24, and Telephone & Data Systems Inc will pay its quarterly dividend of $0.04 on 6/28/24. As a percentage of OLED's recent stock price of $194.16, this dividend works out to approximately 0.21%, so look for shares of Universal Display Corp to trade 0.21% lower — all else being equal — when OLED shares open for trading on 6/14/24. Similarly, investors should look for CSGS to open 0.74% lower in price and for TDS to open 0.19% lower, all else being equal.
Below are dividend history charts for OLED, CSGS, and TDS, showing historical dividends prior to the most recent ones declared.
Universal Display Corp (Symbol: OLED):
CSG Systems International Inc. (Symbol: CSGS):
Telephone & Data Systems Inc (Symbol: TDS):
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 0.82% for Universal Display Corp, 2.95% for CSG Systems International Inc., and 0.78% for Telephone & Data Systems Inc.
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In Wednesday trading, Universal Display Corp shares are currently up about 4.4%, CSG Systems International Inc. shares are up about 1.4%, and Telephone & Data Systems Inc shares are off about 2.1% 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.
