Looking at the universe of stocks we cover at Dividend Channel, on 3/11/15, Cedar Fair, L.P. (NYSE: FUN), Sonic Automotive, Inc. (NYSE: SAH), and
As a percentage of FUN's recent stock price of $55.18, this dividend works out to approximately 1.36%, so look for shares of Cedar Fair, L.P. to trade 1.36% lower — all else being equal — when FUN shares open for trading on 3/11/15. Similarly, investors should look for SAH to open 0.11% lower in price and for VIAB to open 0.47% lower, all else being equal.
Below are dividend history charts for FUN, SAH, and VIAB, showing historical dividends prior to the most recent ones declared.
Cedar Fair, L.P. (NYSE: FUN):
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 5.44% for Cedar Fair, L.P., 0.43% for Sonic Automotive, Inc., and 1.87% for Viacom Inc.
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In Monday trading, Cedar Fair, L.P. shares are currently up about 0.7%, Sonic Automotive, Inc. shares are off about 0.2%, and Viacom Inc shares are up about 0.3% on the day.
