Looking at the universe of stocks we cover at Dividend Channel, on 1/13/16, PerkinElmer (PKI), Cantel Medical (CMN) and Mid-America Apartment Communities (MAA) will all trade ex-dividend for their respective upcoming dividends.
PerkinElmer will pay its quarterly dividend of 7 cents per share on 2/10/16, Cantel Medical will pay its semi-annual dividend of 6 cents per share on 1/29/16, and Mid-America Apartment Communities will pay its quarterly dividend of 82 cents per share on 1/29/16.
As a percentage of PKI’s recent stock price of $49.38, this dividend works out to approximately 0.14%, so look for shares of PerkinElmerto trade 0.14% lower — all else being equal — when PKI shares open for trading on 1/13/16. Similarly, investors should look for CMN to open 0.10% lower in price and for MAA to open 0.90% lower, all else being equal.
Below are dividend history charts for PKI, CMN, and MAA, 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 0.57% for PerkinElmer, 0.20% for Cantel Medical, and 3.61% for Mid-America Apartment Communities.