Looking at the universe of stocks we cover at Dividend Channel, on 6/12/14, Intercontinental Exchange Incorporated (NYSE: ICE), Equity One, Inc. (NYSE: EQY), and Taubman Centers, Inc. (NYSE: TCO) will all trade ex-dividend for their respective upcoming dividends. Intercontinental Exchange Incorporated will pay its quarterly dividend of $0.65 on 6/30/14, Equity One, Inc. will pay its quarterly dividend of $0.22 on 6/30/14, and Taubman Centers, Inc. will pay its quarterly dividend of $0.54 on 6/30/14.
As a percentage of ICE's recent stock price of $188.47, this dividend works out to approximately 0.34%, so look for shares of Intercontinental Exchange Incorporated to trade 0.34% lower — all else being equal — when ICE shares open for trading on 6/12/14. Similarly, investors should look for EQY to open 0.94% lower in price and for TCO to open 0.72% lower, all else being equal.
Below are dividend history charts for ICE, EQY, and TCO, showing historical dividends prior to the most recent ones declared.
Intercontinental Exchange Incorporated (NYSE: ICE):
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 1.38% for Intercontinental Exchange Incorporated, 3.77% for Equity One, Inc., and 2.88% for Taubman Centers, Inc..
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In Tuesday trading, Intercontinental Exchange Incorporated shares are currently off about 0.2%, Equity One, Inc. shares are up about 0.1%, and Taubman Centers, Inc. shares are off about 0.1% on the day.
