Looking at the universe of stocks we cover at Dividend Channel, on 2/13/24, Winmark Corp (Symbol: WINA), Consolidated Edison Inc (Symbol: ED), and UNITIL Corp (Symbol: UTL) will all trade ex-dividend for their respective upcoming dividends. Winmark Corp will pay its quarterly dividend of $0.80 on 3/1/24, Consolidated Edison Inc will pay its quarterly dividend of $0.83 on 3/15/24, and UNITIL Corp will pay its quarterly dividend of $0.425 on 2/29/24. As a percentage of WINA's recent stock price of $377.38, this dividend works out to approximately 0.21%, so look for shares of Winmark Corp to trade 0.21% lower — all else being equal — when WINA shares open for trading on 2/13/24. Similarly, investors should look for ED to open 0.94% lower in price and for UTL to open 0.88% lower, all else being equal.
Below are dividend history charts for WINA, ED, and UTL, showing historical dividends prior to the most recent ones declared.
Winmark Corp (Symbol: WINA):
Consolidated Edison Inc (Symbol: ED):
UNITIL Corp (Symbol: UTL):
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 0.85% for Winmark Corp, 3.74% for Consolidated Edison Inc, and 3.54% for UNITIL Corp.
In Friday trading, Winmark Corp shares are currently up about 2.9%, Consolidated Edison Inc shares are off about 0.9%, and UNITIL Corp shares are down about 0.3% on the day.
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