Looking at the universe of stocks we cover at Dividend Channel, Barrick Gold Corporation (USA) (ABX), Ball Corporation (BLL), and Silgan Holdings Inc. (SLGN) will all trade ex-dividend for their respective upcoming dividends on May 27, 2016.
Barrick Gold will pay its quarterly dividend of 2 cents per share on 6/15/16, Ball will pay its quarterly dividend of 13 cents per share on 6/15/16, and Silgan Holdings will pay its quarterly dividend of 17 cents per share on 6/15/16.
As a percentage of ABX’s recent stock price of $16.57, this dividend works out to approximately 0.12%, so look for shares of Barrick Gold to trade 0.12% lower — all else being equal — when ABX shares open for trading on 5/27/16.
Similarly, investors should look for BLL to open 0.18% lower in price and for SLGN to open 0.34% lower, all else being equal.
Below are dividend history charts for ABX, BLL, and SLGN, 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 0.48% for Barrick Gold, 0.72% for Ball, and 1.36% for Silgan Holdings.
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