Looking at the universe of stocks we cover at Dividend Channel, on 6/26/15, American Capital Agency Corp (NASD: AGNC), AvalonBay Communities, Inc. (NYSE: AVB), and Blackstone Mortgage Trust Inc (NYSE: BXMT) will all trade ex-dividend for their respective upcoming dividends. American Capital Agency Corp will pay its monthly dividend of $0.20 on 7/8/15, AvalonBay Communities, Inc. will pay its quarterly dividend of $1.25 on 7/15/15, and Blackstone Mortgage Trust Inc will pay its quarterly dividend of $0.52 on 7/15/15.
As a percentage of AGNC's recent stock price of $19.68, this dividend works out to approximately 1.02%, so look for shares of American Capital Agency Corp to trade 1.02% lower — all else being equal — when AGNC shares open for trading on 6/26/15. Similarly, investors should look for AVB to open 0.77% lower in price and for BXMT to open 1.78% lower, all else being equal.
Below are dividend history charts for AGNC, AVB, and BXMT, showing historical dividends prior to the most recent ones declared.
American Capital Agency Corp (NASD: AGNC):
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 12.20% for American Capital Agency Corp, 3.07% for AvalonBay Communities, Inc., and 7.13% for Blackstone Mortgage Trust Inc.
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In Wednesday trading, American Capital Agency Corp shares are currently off about 0.3%, AvalonBay Communities, Inc. shares are up about 0.3%, and Blackstone Mortgage Trust Inc shares are off about 0.1% on the day.
