Looking at the universe of stocks we cover at Dividend Channel, on 2/9/23, Starbucks Corp. (Symbol: SBUX), Rollins, Inc. (Symbol: ROL), and American Electric Power Co Inc (Symbol: AEP) will all trade ex-dividend for their respective upcoming dividends. Starbucks Corp. will pay its quarterly dividend of $0.53 on 2/24/23, Rollins, Inc. will pay its quarterly dividend of $0.13 on 3/10/23, and American Electric Power Co Inc will pay its quarterly dividend of $0.83 on 3/10/23. As a percentage of SBUX's recent stock price of $104.83, this dividend works out to approximately 0.51%, so look for shares of Starbucks Corp. to trade 0.51% lower — all else being equal — when SBUX shares open for trading on 2/9/23. Similarly, investors should look for ROL to open 0.37% lower in price and for AEP to open 0.91% lower, all else being equal.
Below are dividend history charts for SBUX, ROL, and AEP, showing historical dividends prior to the most recent ones declared.
Starbucks Corp. (Symbol: SBUX):
Rollins, Inc. (Symbol: ROL):
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 2.02% for Starbucks Corp., 1.48% for Rollins, Inc., and 3.62% for American Electric Power Co Inc.
In Tuesday trading, Starbucks Corp. shares are currently down about 0.2%, Rollins, Inc. shares are down about 1.4%, and American Electric Power Co Inc shares are down about 0.9% on the day.
Also see:
FSBC Split History VSTO market cap history
Parker Hannifin Earnings History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
