Looking at the universe of stocks we cover at Dividend Channel, on 12/29/14, BancFirst Corp. (NASD: BANF), Liberty Property Trust (NYSE: LPT), and Lexington Realty Trust (NYSE: LXP) will all trade ex-dividend for their respective upcoming dividends. BancFirst Corp. will pay its quarterly dividend of $0.34 on 1/15/15, Liberty Property Trust will pay its quarterly dividend of $0.475 on 1/15/15, and Lexington Realty Trust will pay its quarterly dividend of $0.17 on 1/15/15.
As a percentage of BANF's recent stock price of $64.25, this dividend works out to approximately 0.53%, so look for shares of BancFirst Corp. to trade 0.53% lower — all else being equal — when BANF shares open for trading on 12/29/14. Similarly, investors should look for LPT to open 1.24% lower in price and for LXP to open 1.50% lower, all else being equal.
Below are dividend history charts for BANF, LPT, and LXP, showing historical dividends prior to the most recent ones declared.
BancFirst Corp. (NASD: BANF):
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 2.12% for BancFirst Corp. , 4.96% for Liberty Property Trust, and 5.98% for Lexington Realty Trust.
Special Offer: Find out what Frank Bifulco is holding in the Dividend OverDrive Portfolio with a free 30 day trial offer from Forbes
In Friday trading, BancFirst Corp. shares are currently up about 0.6%, Liberty Property Trust shares are up about 0.8%, and Lexington Realty Trust shares are up about 0.5% on the day.
