Looking at the universe of stocks we cover at Dividend Channel, on 9/18/14, Tiffany & Co. (NYSE: TIF), Las Vegas Sands Corp (NYSE: LVS), and Omnicare Inc. (NYSE: OCR) will all trade ex-dividend for their respective upcoming dividends. Tiffany & Co. will pay its quarterly dividend of $0.38 on 10/10/14, Las Vegas Sands Corp will pay its quarterly dividend of $0.50 on 9/30/14, and Omnicare Inc. will pay its quarterly dividend of $0.20 on 9/29/14.
As a percentage of TIF's recent stock price of $100.13, this dividend works out to approximately 0.38%, so look for shares of Tiffany & Co. to trade 0.38% lower — all else being equal — when TIF shares open for trading on 9/18/14. Similarly, investors should look for LVS to open 0.83% lower in price and for OCR to open 0.32% lower, all else being equal.
Below are dividend history charts for TIF, LVS, and OCR, showing historical dividends prior to the most recent ones declared.
Tiffany & Co. (NYSE: TIF):
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 1.52% for Tiffany & Co., 3.34% for Las Vegas Sands Corp, and 1.27% for Omnicare Inc..
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In Tuesday trading, Tiffany & Co. shares are currently off about 0.6%, Las Vegas Sands Corp shares are down about 3.6%, and Omnicare Inc. shares are down about 0.1% on the day.
