Looking at the universe of stocks we cover at Dividend Channel, on 10/7/15, UDR, Inc. (UDR) , American Express (AXP) , and Lincoln National (LNC) will all trade ex-dividend for their respective upcoming dividends.
UDR will pay its quarterly dividend of 27.75 cents per share on 11/2/15, American Express will pay its quarterly dividend of 29 cents per share on 11/10/15, and Lincoln National Corp. will pay its quarterly dividend of 20 cents per share on 11/1/15.
As a percentage of UDR’s recent stock price of $35.35, this dividend works out to approximately 0.79%, so look for shares of UDR Inc to trade 0.79% lower — all else being equal — when UDR shares open for trading on 10/7/15.
Similarly, investors should look for AXP to open 0.38% lower in price and for LNC to open 0.42% lower, all else being equal.
Below are dividend history charts for UDR, AXP, and LNC, showing historical dividends prior to the most recent ones declared.
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 3.14% for UDR, 1.53% for American Express, and 1.67% for Lincoln National.