Looking at the universe of stocks we cover at Dividend Channel, on 5/18/15, Consolidated Edison, Inc. (NYSE: ED), Kindred Healthcare Inc (NYSE: KND), and AFLAC Inc. (NYSE: AFL) will all trade ex-dividend for their respective upcoming dividends. Consolidated Edison, Inc. will pay its quarterly dividend of $0.65 on 6/15/15, Kindred Healthcare Inc will pay its quarterly dividend of $0.12 on 6/10/15, and AFLAC Inc. will pay its quarterly dividend of $0.39 on 6/1/15.
As a percentage of ED's recent stock price of $60.52, this dividend works out to approximately 1.07%, so look for shares of Consolidated Edison, Inc. to trade 1.07% lower — all else being equal — when ED shares open for trading on 5/18/15. Similarly, investors should look for KND to open 0.53% lower in price and for AFL to open 0.61% lower, all else being equal.
Below are dividend history charts for ED, KND, and AFL, showing historical dividends prior to the most recent ones declared.
Consolidated Edison, Inc. (NYSE: ED):
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 cash dividend from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 4.30% for Consolidated Edison, Inc., 2.13% for Kindred Healthcare Inc, and 2.44% for AFLAC Inc..
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In Thursday trading, Consolidated Edison, Inc. shares are currently up about 0.5%, Kindred Healthcare Inc shares are off about 0.3%, and AFLAC Inc. shares are up about 0.4% on the day.
