Looking at the universe of stocks we cover at Dividend Channel, on 3/2/22, Qualcomm Inc (Symbol: QCOM), NVIDIA Corp (Symbol: NVDA), and Shutterstock Inc (Symbol: SSTK) will all trade ex-dividend for their respective upcoming dividends. Qualcomm Inc will pay its quarterly dividend of $0.68 on 3/24/22, NVIDIA Corp will pay its quarterly dividend of $0.04 on 3/24/22, and Shutterstock Inc will pay its quarterly dividend of $0.24 on 3/17/22. As a percentage of QCOM's recent stock price of $169.87, this dividend works out to approximately 0.40%, so look for shares of Qualcomm Inc to trade 0.40% lower — all else being equal — when QCOM shares open for trading on 3/2/22. Similarly, investors should look for NVDA to open 0.02% lower in price and for SSTK to open 0.27% lower, all else being equal.
Below are dividend history charts for QCOM, NVDA, and SSTK, showing historical dividends prior to the most recent ones declared.
Qualcomm Inc (Symbol: QCOM):
NVIDIA Corp (Symbol: NVDA):
Shutterstock Inc (Symbol: SSTK):
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 1.60% for Qualcomm Inc, 0.07% for NVIDIA Corp, and 1.07% for Shutterstock Inc.
In Monday trading, Qualcomm Inc shares are currently down about 0.6%, NVIDIA Corp shares are down about 0.9%, and Shutterstock Inc shares are up about 0.4% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
