Looking at the universe of stocks we cover at Dividend Channel, on 3/27/15, Alexandria Real Estate Equities, Inc. (NYSE: ARE), American Capital Agency Corp (NASD: AGNC), and AvalonBay Communities, Inc. (NYSE: AVB) will all trade ex-dividend for their respective upcoming dividends. Alexandria Real Estate Equities, Inc. will pay its quarterly dividend of $0.74 on 4/15/15, American Capital Agency Corp will pay its monthly dividend of $0.22 on 4/10/15, and AvalonBay Communities, Inc. will pay its quarterly dividend of $1.25 on 4/15/15.
As a percentage of ARE's recent stock price of $101.32, this dividend works out to approximately 0.73%, so look for shares of Alexandria Real Estate Equities, Inc. to trade 0.73% lower — all else being equal — when ARE shares open for trading on 3/27/15. Similarly, investors should look for AGNC to open 1.01% lower in price and for AVB to open 0.69% lower, all else being equal.
Below are dividend history charts for ARE, AGNC, and AVB, showing historical dividends prior to the most recent ones declared.
Alexandria Real Estate Equities, Inc. (NYSE: ARE):
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 2.92% for Alexandria Real Estate Equities, Inc., 12.09% for American Capital Agency Corp, and 2.76% for AvalonBay Communities, Inc..
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In Wednesday trading, Alexandria Real Estate Equities, Inc. shares are currently up about 0.2%, American Capital Agency Corp shares are up about 0.3%, and AvalonBay Communities, Inc. shares are up about 0.3% on the day.
