Looking at the universe of stocks we cover at Dividend Channel, Interpublic Group of Companies Inc. (IPG), Jack in the Box, Inc. (JACK) and Wendy’s Co (WEN) will all trade ex-dividend for their respective upcoming dividends on February 26, 2016.
Inter public Group will pay its quarterly dividend of 15 cents per share on 3/15/16, Jack in the Box will pay its quarterly dividend of 30 cents per share on 3/14/16, and Wendy’s will pay its quarterly dividend of 6 cents per share on 3/15/16.
As a percentage of IPG’s recent stock price of $21.10, this dividend works out to approximately 0.71%, so look for shares of Interpublic Group to trade 0.71% lower — all else being equal — when IPG shares open for trading on 2/26/16. Similarly, investors should look for JACK to open 0.45% lower in price and for WEN to open 0.62% lower, all else being equal.
Below are dividend history charts for IPG, JACK, and WEN, showing historical dividends prior to the most recent ones declared.
Interpublic Group:
Jack in the Box:
Wendy’s:
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 2.84% for Interpublic Group, 1.81% for Jack in the Box, and 2.49% for Wendy’s.
