Ex-Dividend Reminder: Bloomin' Brands, M.D.C. Holdings and American Electric Power

Looking at the universe of stocks we cover at Dividend Channel, on 5/9/23, Bloomin' Brands Inc (Symbol: BLMN), M.D.C. Holdings, Inc. (Symbol: MDC), and American Electric Power Co Inc (Symbol: AEP) will all trade ex-dividend for their respective upcoming dividends. Bloomin' Brands Inc will pay its quarterly dividend of $0.24 on 5/24/23, M.D.C. Holdings, Inc. will pay its quarterly dividend of $0.50 on 5/24/23, and American Electric Power Co Inc will pay its quarterly dividend of $0.83 on 6/9/23. As a percentage of BLMN's recent stock price of $24.51, this dividend works out to approximately 0.98%, so look for shares of Bloomin' Brands Inc to trade 0.98% lower — all else being equal — when BLMN shares open for trading on 5/9/23. Similarly, investors should look for MDC to open 1.21% lower in price and for AEP to open 0.91% lower, all else being equal.

Below are dividend history charts for BLMN, MDC, and AEP, showing historical dividends prior to the most recent ones declared.

Bloomin' Brands Inc (Symbol: BLMN):

M.D.C. Holdings, Inc. (Symbol: MDC):

American Electric Power Co Inc (Symbol: AEP):

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 3.92% for Bloomin' Brands Inc, 4.82% for M.D.C. Holdings, Inc., and 3.63% for American Electric Power Co Inc.

In Friday trading, Bloomin' Brands Inc shares are currently up about 0.5%, M.D.C. Holdings, Inc. shares are up about 0.6%, and American Electric Power Co Inc shares are up about 0.1% 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.