Looking at the universe of stocks we cover at Dividend Channel, on 2/26/15, Columbia Property Trust Inc (NYSE: CXP), Allstate Corp. (NYSE: ALL), and Goldman Sachs Group Incorporated (NYSE: GS) will all trade ex-dividend for their respective upcoming dividends. Columbia Property Trust Inc will pay its quarterly dividend of $0.30 on 3/17/15, Allstate Corp. will pay its quarterly dividend of $0.30 on 4/1/15, and Goldman Sachs Group Incorporated will pay its quarterly dividend of $0.60 on 3/30/15.
As a percentage of CXP's recent stock price of $25.75, this dividend works out to approximately 1.17%, so look for shares of Columbia Property Trust Inc to trade 1.17% lower — all else being equal — when CXP shares open for trading on 2/26/15. Similarly, investors should look for ALL to open 0.42% lower in price and for GS to open 0.31% lower, all else being equal.
Below are dividend history charts for CXP, ALL, and GS, showing historical dividends prior to the most recent ones declared.
Columbia Property Trust Inc (NYSE: CXP):
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 4.66% for Columbia Property Trust Inc, 1.68% for Allstate Corp., and 1.26% for Goldman Sachs Group Incorporated.
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In Tuesday trading, Columbia Property Trust Inc shares are currently off about 0.9%, Allstate Corp. shares are up about 0.1%, and Goldman Sachs Group Incorporated shares are up about 0.2% on the day.
