Looking at the universe of stocks we cover at Dividend Channel, on 9/11/14,
As a percentage of M's recent stock price of $60.49, this dividend works out to approximately 0.52%, so look for shares of Macy's, Inc. to trade 0.52% lower — all else being equal — when M shares open for trading on 9/11/14. Similarly, investors should look for
Below are dividend history charts for M, CHS, and SCI, showing historical dividends prior to the most recent ones declared.
Macy's, Inc. (NYSE: M):
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 2.07% for Macy's, Inc., 1.95% for Chico's FAS Inc, and 1.66% for Service Corp. International.
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In Tuesday trading, Macy's, Inc. shares are currently off about 0.2%, Chico's FAS Inc shares are up about 0.6%, and Service Corp. International shares are up about 0.1% on the day.
