Looking at the universe of stocks we cover at Dividend Channel, RR Donnelley & Sons Co (RRD), Linear Technology Corporation (LLTC), and Cousins Properties Inc (CUZ), will all trade ex-dividend for their respective upcoming dividends on May 11.
Cousins Properties will pay its quarterly dividend of 8cents per share on 5/27/16, Linear Technology will pay its quarterly dividend of 32 cents per share on 5/25/16, and RR Donnelley will pay its quarterly dividend of 26 cents per share on 6/1/16.
As a percentage of CUZ’s recent stock price of $10.73, this dividend works out to approximately 0.75%, so look for shares of Cousins Properties to trade 0.75% lower — all else being equal — when CUZ shares open for trading on 5/11/16. Similarly, investors should look for LLTC to open 0.72% lower in price and for RRD to open 1.59% lower, all else being equal.
Below are dividend history charts for CUZ, LLTC, and RRD, showing historical dividends prior to the most recent ones declared.
Cousins Properties Inc:
Linear Technology Corporation:
RR Donnelley & Sons Co:
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 2.98% for Cousins Properties, 2.88% for Linear Technology, and 6.35% for RR Donnelley.
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