Ex-Dividend Reminder: Walmart, SpartanNash and CRH
Looking at the universe of stocks we cover at Dividend Channel, on 3/16/23, Walmart Inc (Symbol: WMT), SpartanNash Co (Symbol: SPTN), and CRH plc (Symbol: CRH) will all trade ex-dividend for their respective upcoming dividends. Walmart Inc will pay its quarterly dividend of $0.57 on 4/3/23, SpartanNash Co will pay its quarterly dividend of $0.215 on 3/31/23, and CRH plc will pay its semi-annual dividend of $1.03 on 5/11/23. As a percentage of WMT's recent stock price of $137.62, this dividend works out to approximately 0.41%, so look for shares of Walmart Inc to trade 0.41% lower — all else being equal — when WMT shares open for trading on 3/16/23. Similarly, investors should look for SPTN to open 0.83% lower in price and for CRH to open 2.06% lower, all else being equal.
Below are dividend history charts for WMT, SPTN, and CRH, showing historical dividends prior to the most recent ones declared.
Walmart Inc (Symbol: WMT):
SpartanNash Co (Symbol: SPTN):
CRH plc (Symbol: CRH):
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 1.66% for Walmart Inc, 3.32% for SpartanNash Co, and 4.11% for CRH plc.
In Tuesday trading, Walmart Inc shares are currently up about 0.2%, SpartanNash Co shares are up about 2%, and CRH plc shares are up about 2.4% on the day.
Also see:
ETFs Holding CALL BSV shares outstanding history
SAND YTD Return
