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Ex-Dividend Reminder: Intuit, Verizon Communications and NetApp

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This article is more than 9 years old.

Looking at the universe of stocks we cover at Dividend Channel, on 10/8/14, Intuit Inc (NASD: INTU), Verizon Communications Inc (NYSE: VZ), and NetApp , Inc. (NASD: NTAP) will all trade ex-dividend for their respective upcoming dividends. Intuit Inc will pay its quarterly dividend of $0.25 on 10/20/14, Verizon Communications Inc will pay its quarterly dividend of $0.55 on 11/3/14, and NetApp, Inc. will pay its quarterly dividend of $0.165 on 10/22/14.

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As a percentage of INTU's recent stock price of $85.52, this dividend works out to approximately 0.29%, so look for shares of Intuit Inc to trade 0.29% lower — all else being equal — when INTU shares open for trading on 10/8/14. Similarly, investors should look for VZ to open 1.10% lower in price and for NTAP to open 0.40% lower, all else being equal.

Below are dividend history charts for INTU, VZ, and NTAP, showing historical dividends prior to the most recent ones declared.

Intuit Inc (NASD: INTU):

Verizon Communications Inc (NYSE: VZ):

NetApp, Inc. (NASD: NTAP):

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 1.17% for Intuit Inc, 4.38% for Verizon Communications Inc, and 1.59% for NetApp, Inc..


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In Monday trading, Intuit Inc shares are currently up about 0.3%, Verizon Communications Inc shares are up about 1%, and NetApp, Inc. shares are off about 0.2% on the day.