Credit: Shutterstock photoLooking at the universe of stocks we cover at Dividend Channel , on 12/14/17, Viacom Inc (Symbol: VIAB), Macy's Inc (Symbol: M), and Dominos Pizza Inc. (Symbol: DPZ) will all trade ex-dividend for their respective upcoming dividends. Viacom Inc will pay its quarterly dividend of $0.20 on 1/2/18, Macy's Inc will pay its quarterly dividend of $0.3775 on 1/2/18, and Dominos Pizza Inc. will pay its quarterly dividend of $0.46 on 12/29/17. As a percentage of VIAB's recent stock price of $29.46, this dividend works out to approximately 0.68%, so look for shares of Viacom Inc to trade 0.68% lower - all else being equal - when VIAB shares open for trading on 12/14/17. Similarly, investors should look for M to open 1.44% lower in price and for DPZ to open 0.26% lower, all else being equal.
Below are dividend history charts for VIAB, M, and DPZ, showing historical dividends prior to the most recent ones declared.
Viacom Inc (Symbol: VIAB) :
Macy's Inc (Symbol: M) :
Dominos Pizza Inc. (Symbol: DPZ) :
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 2.72% for Viacom Inc, 5.75% for Macy's Inc, and 1.02% for Dominos Pizza Inc..
In Tuesday trading, Viacom Inc shares are currently trading flat, Macy's Inc shares are up about 1.4%, and Dominos Pizza Inc. shares are down about 0.6% 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.
