Looking at the universe of stocks we cover at Dividend Channel, on 12/7/15, Lancaster Colony (LANC), Nike (NKE), and Kohl’s (KSS) will all trade ex-dividend for their respective upcoming dividend payouts.
Lancaster Colony will pay its quarterly dividend of 50 cents per share on 12/31/15, Nike will pay its quarterly dividend of 32 cents per share on 1/4/16, and Kohl’s will pay its quarterly dividend of 45 cents per share on 12/23/15.
As a percentage of LANC’s recent stock price of $116.98, this dividend works out to approximately 0.43%, so look for shares of Lancaster Colony to trade 0.43% lower — all else being equal — when LANC shares open for trading on 12/7/15.
Similarly, investors should look for NKE to open 0.24% lower in price and for KSS to open 0.97% lower, all else being equal.
Below are dividend history charts for LANC, NKE, and KSS, 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 dividend payouts from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.71% for Lancaster Colony, 0.96% for Nike, and 3.87% for Kohl’s.
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