Looking at the universe of stocks we cover at Dividend Channel, on 4/9/15, Campbell Soup Co. (NYSE: CPB), Altisource Residential Corp (NYSE: RESI), and Potash Corp. of Saskatchewan Inc. (NYSE: POT) will all trade ex-dividend for their respective upcoming dividends. Campbell Soup Co. will pay its quarterly dividend of $0.312 on 5/4/15, Altisource Residential Corp will pay its quarterly dividend of $0.55 on 4/23/15, and Potash Corp. of Saskatchewan Inc. will pay its quarterly dividend of $0.38 on 5/4/15.
As a percentage of CPB's recent stock price of $46.55, this dividend works out to approximately 0.67%, so look for shares of Campbell Soup Co. to trade 0.67% lower — all else being equal — when CPB shares open for trading on 4/9/15. Similarly, investors should look for RESI to open 2.55% lower in price and for POT to open 1.15% lower, all else being equal.
Below are dividend history charts for CPB, RESI, and POT, showing historical dividends prior to the most recent ones declared.
Campbell Soup Co. (NYSE: CPB):
In general, dividend stocks 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 2.68% for Campbell Soup Co., 10.19% for Altisource Residential Corp, and 4.60% for Potash Corp. of Saskatchewan Inc..
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In Tuesday trading, Campbell Soup Co. shares are currently off about 0.2%, Altisource Residential Corp shares are off about 1.3%, and Potash Corp. of Saskatchewan Inc. shares are up about 0.9% on the day.
