Markets
SYX

Ex-Dividend Reminder: Walmart, Systemax and MGM Resorts International

Looking at the universe of stocks we cover at Dividend Channel , on 3/8/18, Walmart Inc (Symbol: WMT), Systemax, Inc. (Symbol: SYX), and MGM Resorts International (Symbol: MGM) will all trade ex-dividend for their respective upcoming dividends. Walmart Inc will pay its quarterly dividend of $0.52 on 4/2/18, Systemax, Inc. will pay its quarterly dividend of $0.11 on 3/16/18, and MGM Resorts International will pay its quarterly dividend of $0.12 on 3/15/18. As a percentage of WMT's recent stock price of $90.34, this dividend works out to approximately 0.58%, so look for shares of Walmart Inc to trade 0.58% lower - all else being equal - when WMT shares open for trading on 3/8/18. Similarly, investors should look for SYX to open 0.39% lower in price and for MGM to open 0.35% lower, all else being equal.

Below are dividend history charts for WMT, SYX, and MGM, showing historical dividends prior to the most recent ones declared.

Walmart Inc (Symbol: WMT) :

WMT+Dividend+History+Chart

Systemax, Inc. (Symbol: SYX) :

SYX+Dividend+History+Chart

MGM Resorts International (Symbol: MGM) :

MGM+Dividend+History+Chart

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 2.30% for Walmart Inc, 1.57% for Systemax, Inc., and 1.41% for MGM Resorts International.

In Tuesday trading, Walmart Inc shares are currently up about 0.4%, Systemax, Inc. shares are off about 0.2%, and MGM Resorts International shares are up about 0.3% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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.

In This Story

SYX WMT MGM

Other Topics

Options

Latest Markets Videos

    BNK Invest

    BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.

    Learn More