Looking at the universe of stocks we cover at Dividend Channel, on 6/30/23, CubeSmart (Symbol: CUBE), Ventas Inc (Symbol: VTR), and Pegasystems Inc (Symbol: PEGA) will all trade ex-dividend for their respective upcoming dividends. CubeSmart will pay its quarterly dividend of $0.49 on 7/17/23, Ventas Inc will pay its quarterly dividend of $0.45 on 7/13/23, and Pegasystems Inc will pay its quarterly dividend of $0.03 on 7/17/23. As a percentage of CUBE's recent stock price of $44.95, this dividend works out to approximately 1.09%, so look for shares of CubeSmart to trade 1.09% lower — all else being equal — when CUBE shares open for trading on 6/30/23. Similarly, investors should look for VTR to open 0.97% lower in price and for PEGA to open 0.06% lower, all else being equal.
Below are dividend history charts for CUBE, VTR, and PEGA, showing historical dividends prior to the most recent ones declared.
CubeSmart (Symbol: CUBE):
Ventas Inc (Symbol: VTR):
Pegasystems Inc (Symbol: PEGA):
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 4.36% for CubeSmart, 3.87% for Ventas Inc, and 0.25% for Pegasystems Inc.
In Wednesday trading, CubeSmart shares are currently off about 0.6%, Ventas Inc shares are down about 1.1%, and Pegasystems Inc shares are down about 2.2% on the day.
Also see:
HPE Dividend History MMS Dividend Growth Rate
IEA Stock Predictions
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
