Looking at the universe of stocks we cover at Dividend Channel, GATX Corporation (GMT), Leidos Holdings, Inc. (LDOS), and BCE Inc. (BCE) will all trade ex-dividend for their respective upcoming dividends on June 13, 2016.
GATX will pay its quarterly dividend of 40 cents per share on 6/30/16, Leidos Holdings will pay its quarterly dividend of 32 cents per share on 6/30/16, and BCE will pay its quarterly dividend of 68.25 cents per share on 7/15/16.
As a percentage of GMT’s recent stock price of $47.76, this dividend works out to approximately 0.84%, so look for shares of GATX to trade 0.84% lower — all else being equal — when GMT shares open for trading on 6/13/16. Similarly, investors should look for LDOS to open 0.65% lower in price and for BCE to open 1.44% lower, all else being equal.
Below are dividend history charts for GMT, LDOS, and BCE, 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 3.35% for GATX, 2.59% for Leidos Holdings, and 5.77% for BCE.