Looking at the universe of stocks we cover at Dividend Channel, on 6/3/15, Cosan Ltd (NYSE: CZZ), Coca-Cola Enterprises Inc (NYSE: CCE), and Coach, Inc. (NYSE: COH) will all trade ex-dividend for their respective upcoming dividends. Cosan Ltd will pay its annual dividend of $0.1120 on 6/10/15, Coca-Cola Enterprises Inc will pay its quarterly dividend of $0.28 on 6/18/15, and Coach, Inc. will pay its quarterly dividend of $0.3375 on 6/29/15.
As a percentage of CZZ's recent stock price of $6.18, this dividend works out to approximately 1.81%, so look for shares of Cosan Ltd to trade 1.81% lower — all else being equal — when CZZ shares open for trading on 6/3/15. Similarly, investors should look for CCE to open 0.63% lower in price and for COH to open 0.96% lower, all else being equal.
Below are dividend history charts for CZZ, CCE, and COH, showing historical dividends prior to the most recent ones declared.
Cosan Ltd (NYSE: CZZ):
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 1.81% for Cosan Ltd, 2.54% for Coca-Cola Enterprises Inc, and 3.83% for Coach, Inc..
Special Offer: Establish a secure stream of income during your retirement years by following the Retiree Income Portfolio with this free 30 day trial
In Monday trading, Cosan Ltd shares are currently off about 0.5%, Coca-Cola Enterprises Inc shares are down about 0.1%, and Coach, Inc. shares are off about 0.3% on the day.