Looking at the universe of stocks we cover at Dividend Channel , on 9/15/16, Urban Edge Properties (Symbol: UE), Empire State Realty Trust Inc (Symbol: ESRT), and First Citizens BancShares Inc (Symbol: FCNCA) will all trade ex-dividend for their respective upcoming dividends. Urban Edge Properties will pay its quarterly dividend of $0.20 on 9/30/16, Empire State Realty Trust Inc will pay its quarterly dividend of $0.105 on 9/30/16, and First Citizens BancShares Inc will pay its quarterly dividend of $0.30 on 10/3/16. As a percentage of UE's recent stock price of $27.58, this dividend works out to approximately 0.73%, so look for shares of Urban Edge Properties to trade 0.73% lower - all else being equal - when UE shares open for trading on 9/15/16. Similarly, investors should look for ESRT to open 0.49% lower in price and for FCNCA to open 0.11% lower, all else being equal.
Below are dividend history charts for UE, ESRT, and FCNCA, showing historical dividends prior to the most recent ones declared.
Urban Edge Properties (Symbol: UE) :
Empire State Realty Trust Inc (Symbol: ESRT) :
First Citizens BancShares Inc (Symbol: FCNCA) :
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 2.90% for Urban Edge Properties, 1.98% for Empire State Realty Trust Inc, and 0.42% for First Citizens BancShares Inc .
In Tuesday trading, Urban Edge Properties shares are currently down about 1.1%, Empire State Realty Trust Inc shares are down about 0.8%, and First Citizens BancShares Inc shares are off about 0.2% 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.
