Looking at the universe of stocks we cover at Dividend Channel, Meredith Corporation (MDP), Time Warner Inc (TWX), and Dunkin’ Brands Group Inc (DNKN) will all trade ex-dividend for their respective upcoming dividends on May 26, 2016.
Meredith will pay its quarterly dividend of 49.5 cents per share on 6/15/16, Time Warner will pay its quarterly dividend of 19 cents per share on 6/15/16, and Dunkin’ Brands will pay its quarterly dividend of 30 cents per share on 6/8/16.
As a percentage of MDP’s recent stock price of $49.37, this dividend works out to approximately 1.00%, so look for shares of Meredith to trade 1.00% lower — all else being equal — when MDP shares open for trading on 5/26/16.
Similarly, investors should look for TWX to open 1.31% lower in price and for DNKN to open 0.68% lower, all else being equal.
Below are dividend history charts for MDP, TWX, and DNKN, 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 4.01% for Meredith, 5.22% for Time Warner, and 2.74% for Dunkin’ Brands.