Looking at the universe of stocks we cover at Dividend Channel, D.R. Horton (DHI), Idacorp (IDA), and NextEra Energy (NEP) will all trade ex-dividend for their respective upcoming dividends on February 3, 2016.
D.R. Horton will pay its quarterly dividend of 8 cents per share on 2/17/16, Idacorp will pay its quarterly dividend of 51 cents per share on 2/29/16, and NextEra Energy will pay its quarterly dividend of 30.75 cents per share on 2/12/16.
As a percentage of DHI’s recent stock price of $27.32, this dividend works out to approximately 0.29%, so look for shares of D.R. Horton to trade 0.29% lower — all else being equal — when DHI shares open for trading on 2/3/16. Similarly, investors should look for IDA to open 0.73% lower in price and for NEP to open 1.14% lower, all else being equal.
Below are dividend history charts for DHI, IDA, and NEP, 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 1.17% for D.R. Horton, 2.93% for Idacorp, and 4.56% for NextEra Energy.