Looking at the universe of stocks we cover at Dividend Channel, on 11/12/14, Plum Creek Timber Co., Inc. (NYSE: PCL), Och-Ziff Capital Management Group LLC (NYSE: OZM), and South State Corp (NASD: SSB) will all trade ex-dividend for their respective upcoming dividends. Plum Creek Timber Co., Inc. will pay its quarterly dividend of $0.44 on 11/26/14, Och-Ziff Capital Management Group LLC will pay its quarterly dividend of $0.20 on 11/21/14, and South State Corp will pay its quarterly dividend of $0.22 on 11/21/14.
As a percentage of PCL's recent stock price of $41.04, this dividend works out to approximately 1.07%, so look for shares of Plum Creek Timber Co., Inc. to trade 1.07% lower — all else being equal — when PCL shares open for trading on 11/12/14. Similarly, investors should look for OZM to open 1.76% lower in price and for SSB to open 0.36% lower, all else being equal.
Below are dividend history charts for PCL, OZM, and SSB, showing historical dividends prior to the most recent ones declared.
Plum Creek Timber Co., Inc. (NYSE: PCL):
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 4.29% for Plum Creek Timber Co., Inc., 7.03% for Och-Ziff Capital Management Group LLC, and 1.42% for South State Corp.
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In Monday trading, Plum Creek Timber Co., Inc. shares are currently off about 0.8%, Och-Ziff Capital Management Group LLC shares are up about 0.9%, and South State Corp shares are down about 0.2% on the day.
