Looking at the universe of stocks we cover at Dividend Channel, on 1/5/15, Gentex Corp. (NASD: GNTX), Comcast Corp (NASD: CMCSA), and The Gap, Inc. (NYSE: GPS) will all trade ex-dividend for their respective upcoming dividends. Gentex Corp. will pay its quarterly dividend of $0.08 on 1/20/15, Comcast Corp will pay its quarterly dividend of $0.225 on 1/28/15, and The Gap, Inc. will pay its quarterly dividend of $0.22 on 1/28/15.
As a percentage of GNTX's recent stock price of $18.36, this dividend works out to approximately 0.44%, so look for shares of Gentex Corp. to trade 0.44% lower — all else being equal — when GNTX shares open for trading on 1/5/15. Similarly, investors should look for CMCSA to open 0.39% lower in price and for GPS to open 0.52% lower, all else being equal.
Below are dividend history charts for GNTX, CMCSA, and GPS, showing historical dividends prior to the most recent ones declared.
Gentex Corp. (NASD: GNTX):
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 1.74% for Gentex Corp., 1.55% for Comcast Corp, and 2.07% for The Gap, Inc..
Special Offer: Find out what Dave Moenning is holding in the Top 5 Portfolio with a free 30 day trial offer from Forbes.
In Friday trading, Gentex Corp. shares are currently up about 1.6%, Comcast Corp shares are up about 0.2%, and The Gap, Inc. shares are up about 0.8% on the day.
