Looking at the universe of stocks we cover at Dividend Channel, on 5/12/14, Wisconsin Energy Corp. (NYSE: WEC), Home BancShares, Inc. (NASD: HOMB), and UBS AG (NYSE: UBS) will all trade ex-dividend for their respective upcoming dividends. Wisconsin Energy Corp. will pay its quarterly dividend of $0.39 on 6/1/14, Home BancShares, Inc. will pay its quarterly dividend of $0.075 on 6/4/14, and UBS AG will pay its annual dividend of $0.2803 on 5/15/14.
As a percentage of WEC's recent stock price of $48.28, this dividend works out to approximately 0.81%, so look for shares of Wisconsin Energy Corp. to trade 0.81% lower — all else being equal — when WEC shares open for trading on 5/12/14. Similarly, investors should look for HOMB to open 0.25% lower in price and for UBS to open 1.34% lower, all else being equal.
Below are dividend history charts for WEC, HOMB, and UBS, showing historical dividends prior to the most recent ones declared.
Wisconsin Energy Corp. (NYSE: WEC):
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 3.23% for Wisconsin Energy Corp., 1.00% for Home BancShares, Inc., and 1.34% for UBS AG .
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In Thursday trading, Wisconsin Energy Corp. shares are currently off about 0.3%, Home BancShares, Inc. shares are down about 1.5%, and UBS AG shares are off about 0.2% on the day.
