Looking at the universe of stocks we cover at Dividend Channel, Six Flags Entertainment (SIX), Weis Markets (WMK), and Black Hills (BKH) will all trade ex-dividend for their respective upcoming dividends on February 11, 2016.
Six Flags Entertainment Corp will pay its quarterly dividend of 58 cent per share on 3/7/16, Weis Markets will pay its quarterly dividend of 30 cents per share on 3/1/16, and Black Hills will pay its quarterly dividend of 42 cents per share on 3/1/16.
As a percentage of SIX’s recent stock price of $47.10, this dividend works out to approximately 1.23%, so look for shares of Six Flags Entertainment to trade 1.23% lower — all else being equal — when SIX shares open for trading on 2/11/16.
Similarly, investors should look for WMK to open 0.76% lower in price and for BKH to open 0.81% lower, all else being equal.
Below are dividend history charts for SIX, WMK, and BKH, showing historical dividends prior to the most recent ones declared.
Six Flags Entertainment:
Weis Markets:
Black Hills:
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 4.93% for Six Flags Entertainment, 3.05% for Weis Markets, and 3.26% for Black Hills.
