Looking at the universe of stocks we cover at Dividend Channel, Brinker International, Inc. (EAT), South Jersey Industries, Inc. (SJI) , and PPL Corp (PPL) will all trade ex-dividend for their respective upcoming dividends , on 12/7/16.
Brinker International will pay its quarterly dividend of 34 cents per share on 12/29/16, South Jersey Industries will pay its quarterly dividend of 27.25 cents per share on 12/29/16, and PPL will pay its quarterly dividend of 38 cents per share on 1/3/17.
As a percentage of EAT’s recent stock price of $53.66, this dividend works out to approximately 0.63%, so look for shares of Brinker International to trade 0.63% lower — all else being equal — when EAT shares open for trading on 12/7/16. Similarly, investors should look for SJI to open 0.84% lower in price and for PPL to open 1.16% lower, all else being equal.
Below are dividend history charts for EAT, SJI, and PPL, showing historical dividends prior to the most recent ones declared.
Brinker International, Inc. :
South Jersey Industries, Inc. :
PPL Corp :
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 2.53% for Brinker International, 3.34% for South Jersey Industries, and 4.62% for PPL Corp.
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