Looking at the universe of stocks we cover at Dividend Channel, Northern Trust Corporation (NTRS) , WP Glimcher Inc (WPG), and Old Republic International Corporation (ORI) will all trade ex-dividend for their respective upcoming dividends on June 1, 2016.
Northern Trust will pay its quarterly dividend of 36 cents per share on 7/1/16, WP Glimcher will pay its quarterly dividend of 25 cents per share on 6/15/16, and Old Republic will pay its quarterly dividend of 18.75 cents per share on 6/15/16.
As a percentage of NTRS’s recent stock price of $74.52, this dividend works out to approximately 0.48%, so look for shares of Northern Trust to trade 0.48% lower — all else being equal — when NTRS shares open for trading on 6/1/16. Similarly, investors should look for WPG to open 2.49% lower in price and for ORI to open 0.97% lower, all else being equal.
Below are dividend history charts for NTRS, WPG, and ORI, showing historical dividends prior to the most recent ones declared.
Old Republic International:
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 1.93% for Northern Trust, 9.97% for WP Glimcher, and 3.89% for Old Republic International.